Financing Student Housing Properties

Our Student Housing Loan Program is a customized program that addresses the special need financing of the student housing market. Borrowers can expect flexible financing terms, including structured transactions and fast execution.

Fraterinty and Sorority House Loans

Student housing properties are considered:

Conventional multifamily properties whereby a minimum of 20% of the units are rented to university undergraduate or graduate students.
A property solely constructed or rented for student housing (on-campus or off-campus).
Normally built within a specific distance to the campus of a major university.

Student Housing Financing Sources

We have financing sources and solutions that meets the requirements of your property which include:

Commercial Mortgage-Backed Securities (CMBS)
Fannie Mae DUS®
Federal Housing Administration (FHA)
Life Insurance companies

Take advantage of our comprehensive experience in obtaining financing solutions from a variety of investment sources, where our lenders structure a financing solution around your property's unique requirements.

Eligible Properties:
university student housing

Stabilized Multifamily student dwellings containing at least 5 units

Must be dedicated student housing and located within 2 miles of the school

University population must be greater than 7,500 students.

MSA population of 250,000 required Food Service is not allowed


Strong single and multi-asset borrowers with proven track record in student housing.

Loan Amounts:

$500,000 - $20,000,000

Term & Amortization:

Typically 30 year terms with 30 year amortization 3, 5, 7, 10 fixed terms offered

Prepayment Penalty:

Typically step-down prepayment penalties during the fixed rate portion of the loan.


Taxes and insurance escrows required

Fannie Mae & Freddie Mac

Interest Rate - Fixed and variable rate options

Term - 5 to 30 years.

Amortization - Up to 30 years.

Maximum LTV - 75% - 80%

Minimum DSCR - 1.30x

Recourse - Non-recourse execution is available, with standard carve-outs required for "bad acts", such as fraud and bankruptcy.

Terms subject to change.