Berkshire, Limekiln (MF1 Fund) provide $97M bridge loan for 576-bed Florida Student Housing Asset, Apella on Newport

5/6/2025

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MHN

• Subcategory: Capital Markets: Debt, Capital Markets: Fund, MF: Student

• Tag: Closing

• Additional Filters-Subcategory: Capital Market: Bridge Loan, Capital Markets: Fund-Debt, MF: Midrise

• Company: Jones Lang LaSalle (NYSE: JLL), Limekiln Real Estate, Berkshire Residential Investments

Commercial Street Partners has obtained approximately $97.4 million in financing for Apella on Newport, a 576-bed student housing community in Tampa, Fla. The three-year, floating-rate loan was provided by MF1/Limekiln Real Estate Investment Management.