TSB Capital Secures Financing for 551-Bed Community Near the University of West Florida

The Next offers 551 beds near the University of West Florida in Pensacola. The Next offers 551 beds near the University of West Florida in Pensacola.

Pensacola, Fla. — TSB Capital Advisors has secured financing for The Next, a 551-bed student housing community located near the University of West Florida in Pensacola.

The floating-rate loan was secured through Trustmark National Bank on behalf of the borrower, a joint venture between Harrison Street Real Estate Capital and University Student Living. The property offers fully furnished two- and four-bedroom units. Community amenities include a resort-style swimming pool, fitness center, clubhouse and on-site parking. 

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