Hudson McDonald Lands $60MM Agency Refinancing on 193-Unit Berkeley Apartment and Student Housing Portfolio

CBRE arranged a 10-year, fixed-rate loan covering two Downtown Berkeley communities a short walk from UC Berkeley, testing lender appetite for college-town housing in a tightening capital markets environment. Berkeley's proximity to one of the nation's most selective public universities just translated into $60 million of fresh agency debt. CBRE arranged the 10-year, fixed-rate refinancing […]