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T2 Closes on Three Loans to Finish Out Strong Q1 2022
T2 Strategic Real Estate Income Fund (SREI) recently closed on three loans. The construction, bridge, and acquisition loans, which totaled over $23 million, showcase T2’s adaptability and surety of execution in providing a quick close.
T2 Provides $60 Million Loan on Student Housing Portfolio in Champaign, IL
The $60 million first mortgage loan is the largest loan to date for T2. The loan facilitated the acquisition of a student housing portfolio which consists of 10 buildings totaling 370-units (918 beds).
Loan Closing Meets Year-end Deadline
T2 Capital Management, met deadline for a year-end closing, on the $2.175 million dollar loan.
Loan Facilitates Acquisition of an Industrial/Office Building
T2 Capital Management, LLC recent loan facilitated the acquisition of a 96,000 sf multi-tenant industrial / office building located in Chicago’s South Loop.
T2 Closes on Loan in Record Time
The initial request for the funds was made 3 days prior to closing. The $1.65 million loan facilitated the recapitalization of a 13,000 SF mixed-use building located in Wheaton, IL.
T2 Expands Student Housing Portfolio in Knoxville
T2 Capital Management is pleased to announce the acquisition of University Park, a 17-building, 192-unit, 720-bed student housing project that serves the students at the University of Tennessee.