Hackberry Lane Expands into High-Growth Student Housing Market of Alabama

TUSCALOOSA, Al., Sep. 2, 2025 – M&T RCC recently closed a bridge loan for Hackberry Lane (formerly Havenly Ventures), a new client expanding in the high-growth student housing market of Alabama. This transaction, originated by M&T RCC Senior Vice Presidents Michael Casey and Tyler Dickson, involved the coordinated purchase of two properties from separate sellers—all executed on the same day.

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With over 220-beds near the University of Alabama, Stillman College and Shelton State Community College, this portfolio is positioned to meet rising student demand. Our bridge platform enabled Hackberry Lane to secure higher loan proceeds and confidently pursue their renovation strategy.

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“This marks an exciting step forward for the Hackberry Lane team as we continue to scale in blue-chip, supply-constrained markets. The M&T team provided flexibility and certainty, allowing us to close on a complicated transaction. We are grateful for their execution and excited to continue the partnership,” said CEO of Hackberry Lane Reid Marks

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We’re excited to support Hackberry Lane as they grow their portfolio. Our team is actively seeking new bridge to agency opportunities providing efficient and creative execution to clients nationwide.