COLORADO SPRINGS – November 22, 2017 – ASI Capital, LLC, a private debt and equity firm based in Colorado Springs, CO, participates in Foresite Realty’s acquisition of student housing project in Bloomington, Indiana.
Inland Mortgage Capital LLC closed on a $7.5 million non-recourse bridge loan for a 298-bed, townhouse-style, student housing property located in Bloomington, Indiana, approximately 3 miles southwest of the Indiana University campus.
Donald Shapiro of Foresite Realty Capital said “the attractive purchase basis makes this property a strong value-add play for investment back at my alma mater.”
Inland Mortgage Capital closes $7.5 million loan for student housing property
For more information on Foresite Realty, visit www.foresite.com.
ASI Capital, LLC
ASI Capital helps individual investors invest with confidence in the ‘real’ economy. We offer access to investments based on alternative strategies – investments that fall outside the ‘traditional’ stock and bond markets.