Lexington, Ky. — Financing provided for University Village and Woodland Village.
Lexington, Ky. — Red Mortgage Capital, LLC, the mortgage banking arm of comprehensive capital provider RED CAPITAL GROUP, LLC, has recently closed $6.79 million of non-recourse financing for two student housing properties in Lexington, University Village and Woodland Village. Campus Rental Properties, LLC owns both properties and both serve the University of Kentucky.
“We were very pleased to once again work with this highly experienced, repeat client. Student housing is a sector we understand and like quite well, especially when located at institutions with the significance of the University of Kentucky,” says Ryan Duling, vice president of Red Mortgage Capital.