$6MM Recapitalization
Greek Housing Alliance
Closed July 2016
The Opportunity Our client Greek Housing Alliance, a developer specializing in fraternity student housing, has developed significant expertise and become the market leader for Greek student housing. Management was seeking to recapitalize its debt to unlock equity and fund new developments. Their unique business model provided hurdles for many traditional lenders. Axcel's Solution We secured a lender that recognized the value of GHA's business model and accumulated equity in its portfolio. We structured financing to recapitalize current debt at a very competitive rate, while providing an acquisition line and construction facility to fund GHA's continued development. The company is now pursuing growth opportunities.
We Deliver Solutions Axcel Capital Group specializes in providing structured debt and equity solutions for multifamily and other commercial real estate nationwide. Contact Stephen Arrivello at (215) 519-1010 or send an email to find out how we can help with your capital needs.