TSB Capital Advisors secures acquisition financing for Clemson Lofts

Clemson Lofts M

CLEMSON, SC — Realco Capital Partners and Arcapita announced the sale of Clemson Lofts, a 641-bed community located near the Clemson University campus in South Carolina, to Core Spaces.

Walker & Dunlop arranged the disposition and secured acquisition financing alongside TSB Capital Advisors.

Completed in 2015, the 14-building property features 232 one-, two-, three- and four-bedroom units, ranging from 700 to 2,095 square feet. Amenities include a collaboration lounge, private and group study spaces, an outdoor yoga space, ping pong and billiard tables, a computer lab, a clubhouse, a swimming pool with tanning beds, a hot tub and a dog park.

More coverage of this transaction can be found at Multi-Housing News and Student Housing Business magazine.

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