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Through the fund, 70 percent of the capital has been committed to 70 properties.
The bank is also adding 26,000 square feet of space.
The asset features two buildings.
JLL closed the $50 million sale.
The firm is acquiring 100 total units.
The move take's the company's student housing loan portfolio to $850 million
The assets are located in 10 states and are fully occupied.
The company also announced debt moves.
The site spans 260,273 square feet.
The site will feature six buildings.