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Northmarq Arranges $78.5M Refinancing for 773-Bed Student Housing Community in Reno, Nevada

Summary by REBusinessOnline

RENO, NEV. — Northmarq has arranged a $78.5 million refinancing for The Dean Reno, a 773-bed student housing property located near the University of Nevada, Reno. Built in 2023, the community offers fully furnished units alongside shared amenities including a cyber lounge, fitness center, yoga studio and grilling stations. Justin Glasgow of Northmarq secured the financing through Heitman on behalf of the borrowers, GMH Communities and CRG. Terms…

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REBusinessOnline

Northmarq Arranges $78.5M Refinancing for 773-Bed Student Housing Community in Reno, Nevada

RENO, NEV. — Northmarq has arranged a $78.5 million refinancing for The Dean Reno, a 773-bed student housing property located near the University of Nevada, Reno. Built in 2023, the community offers fully furnished units alongside shared amenities including a cyber lounge, fitness center, yoga studio and grilling stations. Justin Glasgow of Northmarq secured the financing through Heitman on behalf of the borrowers, GMH Communities and CRG. Terms…

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REBusinessOnline broke the news in 2 days ago on Friday, February 21, 2025.

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