A joint venture of The Scion Group and PGIM Real Estate has refinanced VERVE, a 181-unit, 696-bed luxury student community in New Brunswick, N.J. A QuadReal Property Group affiliate provided the fixed-rate, $83.4 million loan, according to Yardi Matrix information, while TSB Capital Advisors brokered the deal.
https://www.multihousingnews.com/scion-group-pgim-land-83m-refi-for-student-community/
