Summary:
- TSB Capital Advisors arranged senior financing and institutional equity on behalf of Harbor Bay Ventures for construction of The Howard, a 12-story, 707-bed student housing high-rise located near Michigan State University in East Lansing, Michigan.
- Busey Bank and FNBO (First National Bank of Omaha) co-led senior financing, with participation from MSU Federal Credit Union and the East Lansing office of Horizon Bank, an Indiana-based bank.
- Located at 401 E. Grand River Avenue, The Howard will sit directly across from the Michigan State University campus and along a CATA transit line. The site was formerly home to the Student Book Store, which Howard Ballein opened in 1960.
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