JLL Capital Markets has successfully secured construction financing and equity for The Valiant, a premier student housing community in Berkeley. The property will feature 83 units and 262 beds of class A+ purpose-built housing. Specific terms of the deal were not disclosed.
The JLL team, led by Director Jonah Aelyon, Senior Director Rick Salinas, Vice President Sarah Murphy and Analyst Allie Repaskey, worked on behalf of sponsors Valiance Capital and The Martin Group to secure both construction debt from Kennedy Wilson and equity from Canyon Partners Real Estate.
Located at 2538 Durant Ave., The Valiant will consist of eight stories with a total area spanning over 80,000 square feet. This includes approximately 54,000 square feet dedicated to residential space. Its prime location offers easy access to diverse dining options as well as entertainment venues in the surrounding area.
Additionally,the property is conveniently located near the Berkeley Downtown BART station which provides students with quick transportation options to San Francisco,Oakland,and Silicon Valley within an eight-minute bike ride.
This project is expected to be completed before the start of the academic year in2026-2027,making it an ideal option for students looking for high-quality living accommodations near their campus.
