Commercial Observer Peachtree Group provided the $34.5 million of financing that helped facilitate Coastline Management Group’s $40 million, or about $128,205/unit, purchase of the Pavilion on 62nd student-housing property in Gainesville, Fla. The floating-rate bridge loan has a three-year term. A previous story did not have the lender, purchase price or the identification of the […]

The post Gainesville, Fla., Student-Housing Property Fetched $40Mln; Peachtree Group Provided Financing appeared first on Commercial Real Estate Direct.