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Sign in Sign up for a FREE subscriptionValiance Capital, The Martin Group secure debt and equity for Berkeley student housing project
Valiance Capital and The Martin Group have secured construction debt and equity for The Valiant, an 83-unit, 262-bed, class A+, purpose-built student housing community in Berkeley, Calif.
JLL worked on behalf of the sponsors in securing construction debt through Kennedy Wilson and equity through Canyon Partners Real Estate.
The Valiant, a planned student housing property at 2538 Durant Ave., just one block from UC Berkeley. It will be situated near diverse dining options and entertainment, providing excellent transportation access. The Berkeley Downtown BART station will be an eight-minute bike ride away, connecting students to San Francisco, Oakland and Silicon Valley. With nearby transit stations, parking garages and easy highway access, The Valiant will ensure students can explore the Bay Area while enjoying the vibrant Berkeley community.
The Valiant will be an eight-story student housing community in Berkeley slated for completion before the start of the 20