BWE Secures $47M Refinancing for Dominion’s 240-unit, 542-bed Student Housing Property Near University of Tennessee, Lakemoor Station

1/13/2025

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REBusinessOnline

• Subcategory: Capital Markets: Debt, MF: Student

• Tag: Closing

• Additional Filters-Subcategory: Capital Markets: Debt-Refinance, MF: Garden

• Company: BWE

BWE has secured a $47 million loan for the refinancing of Lakemoor Station, a 240-unit student housing community located near the University of Tennessee campus in Knoxville. Jim Collins of BWE worked on behalf of the borrower, Dominion Group, to secure the 10-year, fixed-term financing through Nationwide Insurance. The loan features a 30-year amortization schedule.