LINCOLN, NE-McLean, VA-based Freddie Mac has purchased a $38.7 million mortgage on the 612-unit Links at Lincoln student housing complex here. The lender purchased the loan from Holliday Fenoglio Fowler, which originated the loan for borrower Lindsey Management Co., based in Fayetteville, AR. The transaction allows Lindsey to retire its construction financing on the property, built in 2007 near the University of Nebraska.

Mitch Kiffe with Freddie Mac says this 10-year loan was a perfect fit for the lender’s Student Housing program. “It’s a different segment of the market, purpose-built student housing, apartment communities located typically on or near campus that are professionally owned and operated by a company that has a lot of experience. Lindsey has this experience of building and owning communities near major universities, mainly in the middle part of the country,” Kiffe tells GlobeSt.com.

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