DMG Investments to Break Ground on 322-Bed Community Near the University at Albany-SUNY

The 322-bed community will be located at 1385 Washington Ave., near the University at Albany-SUNY in New York. The 322-bed community will be located at 1385 Washington Ave., near the University at Albany-SUNY in New York.

Albany, N.Y. — DMG Investments LLC has recently acquired a 203,000-square-foot development site near the University at Albany-SUNY, and is set to break ground on a 322-bed student housing community.

The new development will offer one-, two-, three- and four-bedroom units. Community amenities will include a 24-hour fitness center, outdoor lounge with fireplace and grilling area, club and game room, computer area, study rooms, a conference room and tanning beds. Completion is expected for fall 2018. DMG will manage the community upon completion. 

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