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The Prime Company (TPC) has secured $111 million in fixed-rate financing from affiliates of Apollo for a portfolio of five student housing properties across four states.

TPC developed each of the five properties over the past 10 years. The five student housing assets total 998 units with 1,778 beds. Prime Place Stillwater 213 and 312, built in 2015 and 2016, respectively, are located near Oklahoma State University and feature a combined 835 beds.