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Mesa West Capital originated a $133.9 million short-term first mortgage to refinance Rambler Athens, a 992-bed student housing community near the University of Georgia in Athens, Ga. The four-year loan refinances a previous construction loan on the LV Collective-owned property, which was completed in August of 2024.

TSB Capital Advisors arranged the financing. The property has seen strong preleasing momentum for the 2025-26 academic year. In developing the community, LV Collective capitalized on the University of Georgia’s robust student housing market. According to Yardi Matrix, both preleasing and per-bed rents are up 4.2 and 5.1 percent year-over-year respectively.