Prescient Capital Provides $6.8 Million Refinancing for Student Housing Property in Kansas

Emporia, Kan. — Prescient Capital has provided a $6.8 million loan for the refinancing of The Villas at Emporia, a 192-bed student housing property located near Emporia State University in eastern central Kansas. The four-story complex is located at 1839 Merchant St. The loan term is 12 months with two six-month extension options. Loan proceeds will be utilized to pay off maturing debt. The borrower was undisclosed.

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