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Affinius finances Starwood and Trinitas student scheme in Pittsburgh
6 November 2026 | Financing | US | 672 beds | Development
Affinius Capital has provided construction financing for Atmosphere Pittsburgh in the Oakland university district.
Key details
Asset type | Development |
Location | Pittsburgh, US |
Capacity | 672 beds |
Borrower 1 | Starwood Capital Group |
Borrower 2 | Trinitas Ventures |
Lender | Affinius Capital |
Value | $100.3 million |
Source: Commercial Observer
The scheme at 217 Halket Street will provide 326 apartments near the University of Pittsburgh and Carnegie Mellon University. It is scheduled for delivery in summer 2028.
Strategic context
Starwood and Trinitas announced a three‑site development venture in September, including this property and schemes in Norman and Madison. The Affinius facility provides construction financing the Pittsburgh site only. It allows one of the partners' three projects from site assembly to funded delivery.
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