Alternative credit manager Arini the $10bn credit-focused hedge fund firm founded by Hamza Lemssouguer, has successfully arranged a refinancing package for Vita Group, the specialist student housing owner, operator and developer.

Established in 2012, Vita Group specialises in premium student residences and comprises five distinct lifestyle brands, Vita Student, Vita Living, House of Social, Union, and Symphony Park, operating in 23 locations across 13 cities.

“Vita Group has built an impressive track record as a best-in-class operator of student housing, becoming a diversified urban living platform with significant presence across the UK,” said Nabil Aquedim, Head of Real Estate and Asset Backed Strategies at Arini. “Our strategy is to originate and structure flexible capital solutions to real-estate backed borrowers across the UK and Europe. This transaction demonstrates this and we are pleased to be part of Vita Group’s growth journey.”