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MetLife finances Greystar’s student halls portfolio as market maturity deepens

MetLife has financed Greystar Real Estate Partners’ acquisition of three student accommodation properties in London from an Oasis Capital Bank (OCB) and UNITE joint venture with a five-year £122.8m combine acquisition finance and capex facility.
By James Wallace
May 19, 2014 | 7:45 P.M.

Greystar has secured the approximate £112.8m and a circa £10m capex line to finance the £174m purchase of three student halls comprised of the 230-bed complex on Great Suffolk Street in Southwark; the 573-bed Woodland Court near Caledonian Road in Islington; and the 332-bed Wedgwood Court on Holloway Road.

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