IN THE NEWS
UNIVERSITY BRIDGE GP CLOSES ON $231 MILLION BOND FINANCING FOR DEVELOPMENT NEAR FLORIDA INTERNATIONAL UNIVERSITY
University Bridge GP— a partnership between Global City Development, RER Ventures and Podium Developments—has closed on a $231 million bond issuance for University Bridge Residences, an 886-unit student housing community currently under construction near Florida International University in Miami.
UNIVERSITY BRIDGE RESIDENCES CLOSES ON $231 MILLION BOND FINANCING
Bond issuance represents the nation’s largest financing of its kind for and off-campus student housing building financing fuels ongoing development of 20-story student housing tower and provides $50+ million in scholarships over 40 years to Florida International University
UNIVERSITY BRIDGE RESIDENCES CLOSES $231 MILLION IN BOND FINANCING
University Bridge GP, LLC, a partnership between Miami-based Global City Development, RER Ventures and Toronto-based Podium Developments that’s is developing the off-campus 20-story student housing rental tower University Bridge Residences, has closed on a $231 million bond issuance.
866-UNIT STUDENT HOUSING PROJECT BREAKS GROUND NEAR FIU IN SWEETWATER
The University Bridge Residences project in Sweetwater has undergone another transformation as it breaks ground.
DEVELOPER SECURES $228M IN BOND FINANCING FOR PROJECT NEAR FIU BRIDGE COLLAPSE
The developer of University Bridge Residences, a planned student housing project next to the Florida International University pedestrian bridge that collapsed earlier this year (2018), raised nearly $228 million in bond financing to complete the project, and has transferred ownership to nonprofit.
IN MIAMI-DADE, VIABLE $350,000 AND UNDER HOUSING IS AMONG THE MOST IN-DEMAND PRICE POINT ANYWHERE IN THE NATION
Because the demographic will be students, we want to give them every opportunity to be active and social all at the same time.