Bridge Partners Purchases Student Housing Loan

The loan is secured by a community serving students of the University of West Virginia.

 

Morgantown, W.V. — Walnut Creek, Calif.-based Bridge Partners has purchased a loan secured by a 994-bed student housing community located in Morgantown that serves students of West Virginia University. The acquisition was made on behalf of Bridge Partners' $250 million discretionary fund, which purchases non-performing multifamily loans in primary and secondary markets.

 

— Coleman Wood

 

*3/16 - Correction: University of West Virginia was corrected to West Virginia University.

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