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

  • RIT Saunders College of Business – Lowenthal Hall Addition

    RIT Saunders College of Business – Lowenthal Hall Addition

    Established in 1999, the Education Design Showcase is a vehicle for showing off innovative — yet practical — solutions in planning, design, architecture, and construction. RIT Saunders College of Business's Lowenthal Hall Addition has been recognized with an EDS 2026 Project of Distinction award in the category of New Construction.

  • Minnesota District Starts Construction on Early Childhood Learning Center

    Sauk Rapids-Rice Public Schools in Sauk Rapids, Minn., recently announced that construction has begun on a new early childhood learning center and a new outdoor activities complex, according to a news release.

  • KWK Architects Announces Full Transition to Lawrence Group Branding

    KWK Architects recently announced that it will complete its transition to the Lawrence Group brand effective July 1, according to a news release. The merger marks the end of a three-year strategic integration process that began in March 2023 to unite the firms.

  • University of Pennsylvania Releases Design of Future Physical Sciences Building

    The University of Pennsylvania (Penn) in Philadelphia, Penn., recently released renderings of an upcoming 350,000-square-foot Physical Sciences Building, according to news release. The facility was designed by CO Architects and will unite the university’s departments of Physics and Astronomy, Mathematics, and Earth and Environmental Science.