Student Apartments Purchase
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An experienced investor client wanted to purchase an entire block of student apartments.
Challenges Faced
The client’s financial structure was complex and the student apartment market is changing, consolidating and also complex.
Student Apartments are not considered a normal commercial security property.
Outcome
We were able to navigate through complex Lender policies to ensure we ended up with the right Lender fit for the client in relation to the property, loan structure, pricing and effective Loan to Value Ratio (LVR) that met the client’s needs.
This was a complex transaction and the clients were very happy with the outcome.
