Colliers International Secures $12 Million Financing for 276-Bed Community Near Penn State

Blue Course Commons is located less than one mile away from the Penn State campus in State College. Blue Course Commons is located less than one mile away from the Penn State campus in State College.

State College, Pa. — Colliers International has secured $12 million in financing for the acquisition and completion of Blue Course Commons, a 276-bed student housing community located near Pennsylvania State University in State College.

The property is located adjacent to an 87-acre park less than one mile from campus. John Banas and Kris Wood of Colliers secured the three-year, fixed-rate loan on behalf of the undisclosed borrower. 

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