CBRE Arranges Sale of 1,720-Bed Student Housing Portfolio

Tenn Street is located near Florida State University in Tallahassee. (Image courtesy of cptennstreet.com) Tenn Street is located near Florida State University in Tallahassee. (Image courtesy of cptennstreet.com)

Madison, Wis., Auburn, Ala. and Tallahassee, Fla. — CBRE National Student Housing has arranged the sale of a four-property student housing portfolio totaling 1,720 beds in Alabama, Florida and Wisconsin.

The portfolio includes The 231-bed Towers on State and the 226-bed Statesider, both located near the University of Wisconsin in Madison; Logan Square, a 639-bed community located near Auburn University in Auburn, Alabama; and Tenn Street, a 624-bed community located near Florida State University in Tallahassee. CBRE’s Jaclyn Fitts, William Vonderfecht and Casey Schaefer represented the seller, M&A Real Estate Partners, in the transaction. Centurion US Student Housing Fund, a fund managed by Centurion Student Investment Management Pte Ltd, acquired the portfolio for an undisclosed price. 

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