MassDevelopment Issues $135M Bond for Brandeis University Residence Hall
MassDevelopment has issued a $134.57 million tax-exempt bond to Brandeis University to support major campus development initiatives, including the construction of a new student residence hall in Waltham, Massachusetts. The bond was sold through a public offering underwritten by Barclays Capital Inc.
The five-story residence hall will offer 631 beds and is part of Brandeis’s broader effort to enhance campus facilities. Construction began in June, with architectural design led by William Rawn Associates and Dimeo Construction serving as the construction manager. The project is scheduled for completion in the spring of 2027.
“Brandeis University has a proud legacy of academic excellence here in Massachusetts,” said MassDevelopment President and CEO Navjeet Bal. “MassDevelopment is pleased to deliver tax-exempt financing to help this institution build a new, state-of-the-art residence hall on its campus in Waltham where it can welcome and serve students for years to come.”
Founded in 1948, Brandeis University currently enrolls approximately 3,600 undergraduate and more than 2,000 graduate students. The new residence hall will support the university’s commitment to providing modern, high-quality living spaces for its student community.
