The funding is being provided to developer RedOak Property to create the 184-bed scheme with added commercial space at Stokes Croft and Moon Street.
This money will be used to refinance RedOak’s planning costs and fully fund the ongoing development of the site.
The PBSA, located less than a mile from the University of Bristol, will include a green roof, central courtyard, study zones, gym, cinema and bike storage for 116 bikes.
Commenting on the deal, Sky Mapson, senior director of origination at Maslow, highlighted that since 2018 only 2,900 new beds have been delivered in the city while student demand has increased by 8,000.
"Our extensive experience in this sector allows us to identify and support projects that meet the evolving needs of the student community,” said Sky.
“We are thrilled to partner with RedOak Property on this Bristol development, which not only addresses the significant demand for premium student accommodation but also aligns with our commitment to fostering growth in key university cities."
Adam Scott-Avis, director of acquisitions and development at RedOak Property, added: "Maslow Capital has been an invaluable partner in bringing this vision to life.
“Their expertise in the student accommodation market and collaborative approach have provided insights that extend far beyond financing, adding real value to our project."
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