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Florida & Gulf Coast  + North Florida  + Student Housing  |  July 23, 2019
David Cohen
By: David Cohen

NorthMarq Secures $16M Equity for Tallahassee Student Housing Project

NorthMarq has secured $16.2 million in equity for Haven 17, a 702-bed student housing project nearby Florida State University in Tallahassee.

Amenities at the new community will include a coffee bar, fitness center, yoga studio with on-demand classes, tanning room, sauna, gaming area, computer center, private study areas, Amazon package lockers and Smart Market vending. Additionally, the pool area will include a sun deck with built-in grilling stations, a putting green and a hammock garden.

Lee Weaver of NorthMarq arranged the equity for the undisclosed borrower through a private equity source. Terms of the financing were not disclosed.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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