BWE has arranged acquisition financing for The Beacon, a 456-bed student housing community near Kennesaw State University in Marietta, GA. Chris Carroll and Max Miller of BWE’s Chicago office originated the loan on behalf of Campus Realty Advisors.
Carroll commented: “As Kennesaw State continues to expand its student body, communities like The Beacon are essential to meeting the growing demand for purpose-built student housing. We’re proud to work with Campus Realty Advisors in finding a financing solution that fits their goals for the property. At BWE we look forward to collaborating with new and existing partners nationwide in order finance, build and maintain quality student housing on campuses across America.”
The 158-unit complex is located just 0.5 miles from KSU’s Marietta campus at 315 Freys Gin Road; it opened ahead of schedule ready for Fall 2022 semester – fully leased through 2023/24 academic year .
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