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Affinius lends US$94.8 million for 667‑bed Oregon student scheme

6 October 2026 | Development finance | US | 667 beds | Development

Fields Holdings has secured construction funding for Zev Corvallis, scheduled to open in autumn 2028.

Key details

Asset type

Development

Location

Corvallis, US

Capacity

667 beds

Borrower

Fields Holdings

Lender

Affinius Capital

Value

US$94.8 million

Source: Field Holdings

The 13‑storey Zev Corvallis' development will provide 262šfurnished apartments near Oregon State University and 4,500 sq ft of retail space. Shared facilities are planned to include study lounges, a fitness centre and a rooftop terrace.

The project will serve both the campus and downtown Corvallis.

Strategic context

The loan extends an existing relationship between Affinius and Fields Holdings. It backs new student accommodation in a university market where the lender identifies growing enrolment and limited comparable supply.

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