HFF Brokers 12-Property Tallahassee Portfolio Sale

Subscribe to Student Housing Business Magazine. It's FREE!

We want your news! Submit It Here

Last Updated ( 07/12/2010 15:28 )

DATE_FORMAT_LC2=Sunday,July 11 2010 07:00:00 PM

HFF Brokers 12-Property Tallahassee Portfolio Sale

Osceola Village Suites

Tallahassee, Fla. — Holliday Fenoglio Fowler (HFF) has brokered the sale of a 12-property student housing portfolio on behalf of special servicer LNR Partners. Brian Kelly of HFF's Indianapolis office led the brokerage team. The 12 properties, which contain a total of 1,702 beds, serve students of nearby Florida State University, Florida A&M University and Tallahassee Community College.

Four buyers were involved in the deal. AMCO Properties acquired 1111 On High (344 beds) and Villa Casa Cortez (254 beds). Mesco, Ltd., acquired Osceola Village Hall (334 beds), Osceola Village Suites (184 beds) and Sweet Bay Club (164 beds). Shady Lane Holdings acquired Cottage of Magnolia (152 beds), University Gardens II (80 beds), Jennings Place Cottages (18 beds) and Cottages of Harrison (16 beds). The Cottages of Tallahassee LLC acquired Cumberland Forest (112 beds), Cottages of Rumba (24 beds) and Cottages of Glenda (20 beds).

— Coleman Wood

More Latest News

Industry Headlines from the Web

Student loan debt: The next financial disaster? - CBS News 9 Feb 2012 | 12:14 pm
Obama hypes housing, education agreements - USA TODAY 9 Feb 2012 | 11:07 am
New charitable foundation to help students with their housing needs - University of Bristol 9 Feb 2012 | 9:45 am
Tuscaloosa residents weigh students' service and 'sleepovers' - The University of Alabama Crimson White 9 Feb 2012 | 9:21 am
'We just don't want you here' Ann Arbor residents tell student housing developer - AnnArbor.com 9 Feb 2012 | 6:11 am
Student housing planned on site of nursing home - This is South Wales 8 Feb 2012 | 2:06 pm
Turning up the heat on student housing - Otago Daily Times 8 Feb 2012 | 11:38 am
RealShare STUDENT HOUSING - GlobeSt.com 8 Feb 2012 | 11:14 am
Campus Apartments Launches First Company-Wide Employee Health Competition - MarketWatch (press release) 8 Feb 2012 | 9:21 am
Plans underway to build new student housing at UTEP - The Prospector 7 Feb 2012 | 2:44 pm

JoomlaStats Activation

Your are currently browsing this site with Internet Explorer 6 (IE6).

Your current web browser must be updated to version 7 of Internet Explorer (IE7) to take advantage of all of template's capabilities.

Why should I upgrade to Internet Explorer 7? Microsoft has redesigned Internet Explorer from the ground up, with better security, new capabilities, and a whole new interface. Many changes resulted from the feedback of millions of users who tested prerelease versions of the new browser. The most compelling reason to upgrade is the improved security. The Internet of today is not the Internet of five years ago. There are dangers that simply didn't exist back in 2001, when Internet Explorer 6 was released to the world. Internet Explorer 7 makes surfing the web fundamentally safer by offering greater protection against viruses, spyware, and other online risks.

Get free downloads for Internet Explorer 7, including recommended updates as they become available. To download Internet Explorer 7 in the language of your choice, please visit the Internet Explorer 7 worldwide page.