Campus First and CF Real Estate Acquire Property Near University of Kentucky

CF Real Estate Services and Campus First Student Living have acquired The LEX near the University of Kentucky. CF Real Estate Services and Campus First Student Living have acquired The LEX near the University of Kentucky.

Lexington, Ky. — Campus First Student Living and CF Real Estate Services have acquired The LEX, a 649-bed student housing project located near the campus of the University of Kentucky.

The mid-rise property is walkable to campus and downtown Lexington. The property opened in 2009 with 266 units and contains 23,444 square feet of retail space.

Atlanta-based CF Real Estate Services and Campus First are planning $2.5 million in renovations for the property, and estimate the work will begin prior to the 2018-2019 academic year. The renovation will include the addition of VIP suites that will have granite countertops, stainless steel appliances, new kitchen hardware, subway-style tile backsplashes and new lighting. The clubhouse and office space will also be renovated, adding private study rooms, shared conference rooms and a new fitness studio and center. 

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