Student Housing - Equity


NorthMarq arranges $12.5 million of joint venture equity for a to-be-built, 588-bed student housing property at Louisiana Tech University

TAMPA, FLORIDA (March 5, 2020) – Lee Weaver, senior vice president/managing director of NorthMarq’s Tampa office collaborated with Bill Hardman, vice president of NorthMarq’s Orlando office to arrange $12.5 million in JV equity for The Preserves at Tech. The 588-bed student housing property will be located at 2003 West Alabama Avenue in Ruston, Louisiana. 

“The Preserves at Tech will be a best-in-class luxury student property, raising the bar for the rest of the market,” said Weaver. 

 

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