Synovus Provides $29M for South Carolina Student Housing Complex
Center Court Partners has landed$29 million in acquisition financing for Cambridge Creek, a 184,204 square foot, 380-bed student housing complex located near Clemson University in Clemson, S.C., Commercial Observer can first report.
Synovus provided the loan.
Newmark arranged the deal with a team led by Dustin Stolly, Jordan Roeschlaub, Chris Kramer and Nick Scribani, Holden Witkoff and Marshall Dickson.
Located at 1100 Cambridge Creek Court, Cambridge Creek Clemson is a 184,204 square foot complex containing 380 beds near Clemson University. The floor plans include 2 and 3 bedrooms and up to 1,431 square feet of living space. Amenities include a clubhouse, resort-style pool, fitness studio, cabanas, coffee bar and study lounge.
Officials at Center Court Mass and Synovus did not immediately respond to requests for comment.
Emily Fu can be reached at efu@commercialobserver.com.
