Emet Capital secures $30M refi of 350-unit South Carolina student housing asset, The Rowan, from BridgeInvest

  • 10/18/2024

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MHN

The Rowan, a townhome-style student housing property in Columbia, SC, has been refinanced with a $30 million loan from BridgeInvest. The property is located at 1051 Southern Dr. in the “Stadium” submarket near the University of South Carolina’s Williams-Brice Stadium, located three miles to the southeast of the University of South Carolina. It spans 24.18 acres and includes 1,002 beds across 350 units, primarily three-story townhomes.

Emet Capital Management
Paul Siegel | Managing Principal
BridgeInvest
Ian Glaser | Partner-Origination, Fund Structuring

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