DAVIS, CA: EagleBridge Capital has arranged construction financing in the amount of $6,675,000 for a student housing apartment property which will serve the University of California, Davis, on behalf of a Boston-based developer.
The construction financing was arranged by EagleBridge Senior Director Brian Walsh who stated that the loan was provided by a leading national lender.
The property is located one block from the University of California, Davis (UC Davis) and will consist of 48 one-bedroom units located in twelve 1100 square foot suites each with its own kitchen on University Avenue in Davis, California.
The University of California, Davis is a research-oriented university with 35,000 students, of which 7,500 are graduate students. The University is a leader in agricultural, environmental, biological, and technological studies and offers over 100 undergraduate majors and 80 graduate programs. It is located 13 miles west of Sacramento and 72 miles northeast of San Francisco.
