Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Toby Cobb

MIAMI—Locally-based 3650 REIT originated multiple loans in the past 45 days, totaling approximately $315 million. The two largest loans include: a $90 million loan to Nelson Partners Student Housing for the acquisition of Sol Y Luna, a recently constructed, two-building class A-plus student housing complex located at 1031 North Park Avenue and 1020 North Tyndall Avenue in Tucson, Arizona, directly next to the University of Arizona campus; and $37 million to Prime Group to refinance Portofino Cove, a class A, 270-unit multifamily property located at 4135 Umbria Drive in Fort Myers, Fla. Both loans carry terms of 120 months.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.