Skip to main content
Add as a preferred source on Google

Mesa West Capital Provides Loan to Refinance University of Georgia Residence Complex

  • By Matt Jones
  • 04/17/25

Mesa West Capital recently announced that it has provided a $133.9-million, short-term, first mortgage loan to developer LV Collective (“LV”) to refinance a student housing complex near the University of Georgia, according to a news release. Rambler Athens, a 750-bed residence hall adjacent to the campus, was completed in August 2024. The four-year loan will refinance the property’s construction loan.

Rambler Athens features amenities like a pool and hot tub, a sundeck with a large-screen TV, saunas and a fitness center, collaborative workspace, private study rooms, a ground-floor coffeeshop, and a secured parking garage, the news release reports.

“We continue to see a growing market opportunity in the student sector, driven by strengthening fundamentals. The University of Georgia has experienced healthy enrollment trends with a notable increase in applications in recent years,” said Mesa West Executive Director Brian Hirsh. “LV delivers some of the most well-designed, highest quality product nationally and Rambler Athens showcases that.”

According to the news release, financing was arranged through Harrison Reid of TSB Capital Advisors. Rambler Athens is currently preleasing for the 2025–26 academic year.

About the Author

Matt Jones is senior editor of Spaces4Learning. He can be reached at [email protected].

Featured

  • Monterey Peninsula College Debuts New Welcome Center

    Monterey Peninsula College in San José, Calif., recently finished a major renovation project on its Welcome Center, according to a news release. The 14,500-square-foot facility was designed by ABA Studios and replaces an outdated facility.

  • Minnesota District Completes Renovations to 3 Schools

    South Washington County Schools in Woodbury, Minn., recently completed major renovation projects to three of its schools, according to a news release. The district partnered with Kraus-Anderson for construction services, and the upgrades were part of a larger referendum that voters approved in fall 2024.

  • Charles R. Drew University Opens Health Professions Education Building

    Charles R. Drew University of Medicine and Science (CDU) has officially opened its new Health Professions Education Building (HPEB) in South Los Angeles.