close
close

Renault, Nev. (February 12, 2025) – The National Student Housing Team of Northmarq, led by Justin Glasgow, along with members of the debt platform + equity of the company, successfully arranged the refinancing of $ 78.5 million for Dean Reno, premiere student residential community in the neighborhood with the University of Nevada, Renault.

Built in 2023, the luxury property with 773 beds offers an exceptional life of a student, steps from the University of Nevada, Renault. The apartments are conveniently located near the academic nuclear and athletic facilities and include intelligent technology, fully furnished and equipped apartments, cyber salon, fitness center with custom fitness and yoga studio, scenic views of the mountain, grill and others.

“We are glad to work with GMH and CRG for this important funding and we are grateful for the confidence they have set us to fulfill, especially in today’s challenging market environment,” Glasgow said. “A loan like this is a clear reflection of the quality of the ownership team and the continuous confidence in the position of Dean Renault in UNR, as well as the prospects for market growth.”

Just by the campus, Dean Reno offers a combination of luxury, convenience and community. Residents enjoy:

  • High -end interiors: Stainless steel appliances, granite countertops, hardwood flooring, private bathrooms, spacious closets and ahead of the front loading per unit.
  • Amenities in resort style: Sparkling pool and hot tub, two yards on the fourth floor, stylish sun loungers, outdoor training space, outdoor fire resistance area and entertainment, youtube room, special training spaces and a 24-hour fitness center.
  • Convenient amenities for an intelligent life: Parking garage, Luxer package system, Tulu rental store and a share of cars on site for a hassle -free city life.

Beyond the luxury, Dean Reno is certified for Fitwel, guaranteeing a healthier living environment through natural light, suitable for fitness design and access to food capabilities.

Northmarq student dwellings organize funding on behalf of borrowers, GMH communities and CRG to continue executing a business plan. The creditor is one of the largest investment management companies worldwide in the world.

Leave a Reply

Your email address will not be published. Required fields are marked *