Offset Capital Announces $29.8MM Floating-Rate Loan in Columbia, SC

NEW YORK, NY — Offset Capital is pleased to announce the closing of a $29.8MM floating-rate loan secured by a 1,002-bed student housing property located in Columbia, SC.

Loan proceeds were used to refinance a defaulted loan and provide additional time for the property to prelease for the 2026-2027 school year.

The commercial real estate lender offers a range of full capital stack solutions, including senior bridge loans, mezzanine financing, and preferred equity investments. With a focus on speed, certainty of execution, and customization, Offset Capital is uniquely positioned to help borrowers navigate the financial challenges of today’s real estate market.

For more information on the transaction, please contact Offset Capital at info@offsetcap.com or view Offset Capital’s lending capabilities here.