Overview
- Student Quarters obtained a roughly $63.75–$63.8 million, three-year floating-rate loan originated by QuadReal and arranged by JLL’s Capital Markets team.
- Vista Starkville is a 309-unit, 820-bed student housing complex at 705 University Drive about half a mile from Mississippi State University and currently reports about 97 percent occupancy.
- The refinancing follows an announced deal for The Scion Group to acquire Student Quarters’ operating business, with that transaction expected to close in the third quarter of 2026.
- The new loan replaces prior financing that included a $61.5 million permanent loan from November 2021 and follows the asset’s 2020 sale at about $82.1 million, providing valuation and leverage context.
- Lenders cited strong enrollment at Mississippi State and steady occupancy as support for the loan, and the three-year term gives Student Quarters runway to complete the operational transition or refinance on different market terms.