Draper and Kramer Arranges .9M in Financing for Student Housing Development in Normal, Illinois

The Park at Constitution Trail Centre is a three-phase student housing development in Normal serving students at Illinois State University. NORMAL,...

January 21, 2023
2:20 AM

The Park at Constitution Trail Centre is a three-phase student housing development in Normal serving students at Illinois State University. NORMAL, ILL. — Draper and Kramer's Commercial Finance Group has arranged a $14.9 million refinance and construction loan for The Park at Constitution Trail Centre, a three-phase student housing development in Normal. The financing retired the existing debt on the first two phases of the project and provided funding on the remaining phase of construction. The off-campus community serves students at Illinois State University.

Kristin Hiller