Seminole Financial Services announces today the closing of a preferred equity investment in the amount of $4.425 Million to fund the construction of a 180 unit (544-bed) purpose-built student housing community which will serve students of Oklahoma State University (OSU). The community – to be called Progress 405 in Stillwater – will serve a growing student body. The “garden style” community will consist of one, two and four-bedroom apartments, and will offer an attractive amenity package to student tenants.
Oklahoma State University (OSU) is a public university located in Stillwater, Oklahoma. It is the flagship institution of the Oklahoma State University System, and is classified by the Carnegie Foundation as a research university. OSU is also one of the highest rated veterinarian colleges in the United States.