ACRES Originates $26.3M Acquisition Loan for Aberdeen Apartments in Madison, Wisconsin

1/23/2025

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REBusinessOnline

• Subcategory: Capital Markets: Debt, MF: Student

• Tag: Sale

• Additional Filters-Subcategory: Capital Markets: Debt-Loan, MF: Highrise

• Additional Filters-Tags: Historic

ACRES Capital LLC has originated a $26.3 million loan for the acquisition of Aberdeen Apartments in Madison. The high-rise student housing property is located near the University of Wisconsin-Madison campus. The 12-story building features 224 beds across 77 units along with two commercial suites.