Oceans & Company advised BaseCamp on the mezzanine financing of its Goettingen project

Dr. Joachim von Rheinbaben
Managing Director

Market News
23 Apr 2021

BaseCamp, a vertically integrated developer, operator and investment manager with in-depth expertise in Purpose Built Student Accommodation (“PBSA”), successfully tapped the German alternative lending market to support the financing of its development in Goettingen.

After its completion by the end of Q3/2022, the BaseCamp will host almost 600 apartments. Despite the Covid-19 pandemic, BaseCamp’s pan-European locations are nearly fully occupied, underlining the strong performance and resilience of the PBSA concept.

Oceans & Company’s Real Estate Finance team advised BaseCamp exclusively on both sourcing and execution of the mezzanine financing.