MB Financial Bank Provides $40 Million Loan to Blue Vista Capital Management

by Scott Reid

Chicago — MB Financial Bank has provided a $40.3 million construction loan to Blue Vista Capital Management for the development of a 218-unit student housing development near the University of South Carolina’s flagship Columbia campus. 

Located at the corner of Gervais and Harden Streets in Columbia’s Five Points district, the 660-bed development will be completed in time for the fall 2016 semester.

MB Financial Bank arranged the financing and will act as administrative agent. 

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