GE REAL ESTATE PROVIDES $30 MILLION LOAN FOR STUDENT HOUSING

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COLUMBIA, S.C. — GE Real Estate has provided a $30 million loan to Campus Acquisitions for the purchase of two garden-style student housing communities in Columbia and Texas. Sterling by the River is a 173-unit, 8-acre complex in Columbia, located at 500 Alexander Rd. The property consists of 11 two- and three-story buildings. Amenities include an internet cafŽ, swimming pool and fitness center. The loan was originated by James Tramuto, Thomas Scott and Brian Neiswender of CBRE | Melody.

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