124-Unit The Laureate in Berkeley Obtains $19MM Construction Debt

During the highly difficult pandemic period for student housing, Highland advised the Sponsorship in procuring $19,040,000 construction debt for the development of The Laureate, a 124-Bed / 24-Unit student housing development project in the epicenter of Berkeley. The lending community loved the project, although the innovative high ratio of beds per unit made this assignment particularly challenging as […]