Affinius Capital Provides $67 Million Construction Loan for Impact Athens Student Housing

Summary:

  • Affinius Capital LLC originated a $67 million construction loan to fund Impact Athens, an 8-story, Class A student housing development with 243 apartments and 21,000 square feet of commercial space, located on the University of Georgia’s Athens campus.
  • The project, led by CCI Real Estate under Jeff Warwick, is designed to meet growing student demand with 353 beds in various unit configurations and premium amenities including a rooftop pool, study lounges, retail spaces, and a 356-space parking garage.
  • Scheduled for completion in Fall 2027, Impact Athens aims to deliver high-quality, purpose-built student housing that leverages its prime campus location, supporting the University of Georgia’s enrollment growth and enhancing the Athens student housing market.

Original article:

https://www.citybiz.co/article/725005/affinius-capital-originates-67-million-construction-loan-for-impact-athens-student-housing-at-university-of-geor

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