SECU Finances University of Maryland Off-Campus Housing
The University of Maryland will have a new addition to its off-campus housing market in January thanks to Global Star Ventures and financing by a consortium of credit unions and banks led by SECU. The project is located at 8700 Baltimore Avenue in College Park, Md.
"The Enclave at 8700 supports the experience of friendship, fun and personal growth that students undergo during their time at college," said Mukesh Majmudar, president/CEO of Star Global Ventures.
According to Gene Pryor, commercial lending manager at SECU, the credit union's ties to the University of Maryland first attracted it to this effort.
"SECU's vision is to make a positive contribution to the financial well-being of those we serve," he said. "By financing this project, SECU is creating jobs, contributing to the healthy growth of the state and supporting the University."