CRG-led JV Procures $78.5M Refi of 773-bed luxury student housing property, The Dean Reno, from Heitman

2/19/2025

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Connect CRE

• Subcategory: Capital Markets: Debt, MF: Student

• Tag: Closing

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

• Company: GMH Communities, CRG, Northmarq, Heitman

GMH and CRG obtained a $78.5 million refinancing on The Dean Reno, a student housing community adjacent to the University of Nevada, Reno. Northmarq’s National Student Housing team, led by Justin Glasgow, alongside members of the firm’s Debt + Equity platform, successfully arranged the loan. The lender is Heitman, a global real estate investment management firm based in Chicago.