Cameron Koffman Reid Marks And Nick Helfand Of Hackberry Lane Acquire Student Housing Loan For $17M

ANN ARBOR, Mich., Sept. 10, 2024 – The property asset involved in the transaction is located at 1700 Geddes Avenue in the University of Michigan - Ann Arbor market. It is classified as student housing and encompasses a total square footage of 66,700. The acquisition loan for the property amounts to $17,000,000, provided by A10 Capital.

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SUMMARY OF TRANSACTION DETAILS:

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• Property Type: Student Housing
• Transaction Amount: $17,000,000
• Loan Type: Acquisition
• Lender: A10 Capital
• Sponsor: Cameron Koffman, Reid Marks & Nick Helfand - Hackberry Lane
• Brokers: Max Hulsh, Max Herzog, Marko Kazanjian & Andrew Cohen - Institutional Property Advisors (IPA)
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The deal involves key individuals and companies, with sponsorship from Cameron Koffman, Reid Marks, and Nick Helfand of Hackberry Lane (formerly Havenly Ventures). Institutional Property Advisors (IPA) represented the transaction through their brokers, Max Hulsh, Max Herzog, Marko Kazanjian, and Andrew Cohen, contributing their expertise to the acquisition process.

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