May 1, 2025

May 1, 2025

Glacier Credit Strategies Lends $50M for University of Delaware Apartments Build

Glacier Credit Strategies Lends $50M for University of Delaware Apartments Build

Developer Buccini Pollin Group (BPG) has secured $50 million of construction financing to build a multifamily project at a University of Delaware property, Commercial Observer has learned.Glacier Credit Strategies supplied the loan for the developer’s planned 229-unit apartment complex within the state university’s 272-acre Science, Technology and Advanced Research (STAR) Campus in Newark, Del. The STAR Campus sits just south of the university’s main campus on land purchased by the school in 2009.

A rendering of the planned apartment complex on the University of Delaware's STAR campus.
A rendering of the planned apartment complex on the University of Delaware's STAR campus.
A rendering of the planned apartment complex on the University of Delaware's STAR campus.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.