CBRE Brokers Sale of 254-Unit Complex Near University of Oklahoma
- Published in The Latest News
— Randy Shearin
— Randy Shearin
Austin, Texas — Austin-based Core Spaces has hired Rodney King as senior vice president of development.
San Antonio — A joint venture between The Preiss Co. and a private real estate fund advised by Crow Holdings Capital has acquired The Luxx, a 694-bed student housing community located…
Houston, Texas — Asset Campus Housing has been awarded management of four student housing properties totaling 2,282 beds.
Washington, D.C. — A public-private partnership between Corvias and Howard University is set to begin renovations on Howard Center, a former hotel and restaurant venue most recently home to the…
Daytona Beach, Fla. —InfiniSys has announced that Richard Holtz will be retiring as president and CEO.
Fairhope, Ala. — After closing six new project financings for five different schools totaling $971.5 million in 2018, Collegiate Housing Foundation has now undertaken to own, finance, construct and operate 60 student housing facilities of almost…
Philadelphia – Campus Apartments has promoted several executive team members.
Seattle — Horizon Realty Advisors (HRA), a Seattle-based property management owner and operator, has announced the closing of its second equity fund, HRA Opportunity Fund II.
Bowling Green, Ken. and Omaha, Neb.— Peak Campus has been awarded management of two development projects totaling 752 beds in Kentucky and Nebraska.
Edwardsville, Ill.— Asset Campus Housing has been awarded management of AXIS Edwardsville, a 552-bed student housing community located near Southern Illinois University in Edwardsville.
Los Angeles— CBRE arranged the sale of eight student housing communities in the fourth quarter of 2018.
Austin, Texas— Austin-based Campus Life & Style has promoted Santiago Quiroz to senior vice president of facilities and construction.
Student Housing Business is launching a new series of five-question interviews with a wide range of constituents from the student housing sector. This week, we sat down with Andrew Stark, founding…
Sacramento, Calif. — The trustees of California State University have given final approval for a $164 million student housing community to be built on the California State University, Sacramento campus.
Notre Dame, Ind. — A public-private partnership between the University of Notre Dame and Corvias is set to break ground on a married and parenting family-focused housing community on the university’s…
Raleigh, N.C. — A joint venture between The Preiss Co. and Nuveen Real Estate has acquired Signature 1505, a 525-bed student housing community located near North Carolina State University in Raleigh.
Birmingham, Ala. — The Opus Group, in partnership with The McKinney Fund & Co., has broken ground on a 522-bed student housing community near the University of Alabama at Birmingham.
Atlanta — A joint venture between Atlanta-based Campus Realty Advisors and T2 Capital Management has acquired a portfolio of four student housing communities totaling 2,282 beds.
Saint-Aubin, France — Harrison Street has sold ECLA Paris, a 1,200-bed student housing community located near the University of Paris-Saclay in Saint-Aubin, 29 kilometers southwest of Paris.
Wilmington, N.C. — A public-private partnership between Balfour Beatty Campus Solutions and the University of North Carolina Wilmington is set to break ground on a 1,814-bed residential development on the university’s…
Tuscaloosa, Ala. — Triad Real Estate Partners has released a market research report on off campus student housing at the University of Alabama in Tuscaloosa for 2018.
Richardson, Texas — Richardson-based RealPage Inc. has promoted Whitney Kidd to vice president of student and military housing.
Athens, Ga. — Zargo Invest has acquired Farmer’s Exchange, a 121-bed student housing community located near the University of Georgia campus in Athens, for $8.4 million.
San Antonio, Texas — A joint venture between The Preiss Co. and Centaline Investment Management Co. has acquired The Estates at San Antonio, a 288-bed, cottage-style student housing community located near…
Pensacola, Fla. — TSB Capital Advisors has secured financing for The Next, a 551-bed student housing community located near the University of West Florida in Pensacola.
Coral Gables, Fla. — The University of Miami has unveiled plans for a residential village set to replace the existing Stanford and Hecht Residential colleges on the university’s campus in Coral…
Ottawa, Ontario — Cushman & Wakefield has arranged the $54.7 million sale of 1Eleven, a 357-bed student housing community located near the University of Ottawa in Ottawa, Ontario.
Chicago — Chicago-based Triad Real Estate Partners has arranged the sale of three student housing properties located in Alabama, South Carolina and Indiana.
Austin, Texas — Austin-based Campus Life & Style, the wholly owned property management arm of Vesper Holdings, has promoted Geary Dancy to vice president of operations.
Lincoln, Neb. — A joint venture between GMH Capital Partners L.P. and AGC Equity Partners has acquired Aspen Lincoln, a 632-bed student housing community located near the University of Nebraska-Lincoln.
New York City — To ring in the New Year, Student Housing Business sat down with Ryan Lang, executive managing director and head of Newmark Knight Frank’s student housing division, to discuss his…
San Marcos, Texas — Peak Campus has been awarded management of The Timbers, a 253-bed student housing community located near Texas State University in San Marcos.
New York City — Lendlease Communities has named Aole Ansari general manager of student housing development.
Ann Arbor, Mich. — A joint venture between CA Ventures and Cerca Trova LLC has submitted a proposal to the city of Ann Arbor for a mixed-use development near the University…
Austin, Texas — Austin-based Newmark Knight Frank (NKF) has arranged the sale of seven student housing communities totaling 3,558 beds for an aggregate price of $220 million.
Pensacola, Fla. — Cardinal Group Management has been awarded management of College Vue Apartments, a 408-bed student housing community located near the University of West Florida in Pensacola.
East Lansing, Mich. — Triad Real Estate Partners has released a market research report on off campus student housing at Michigan State University in East Lansing for 2017 through 2018.
Sheffield, U.K. — Construction is underway on a 586-bed student housing development located near the University of Sheffield in England.
Washington, D.C. — Trellis House, a residential community developed by a partnership between RISE: A Real Estate Company and Gateway Investment Partners, has been awarded LEED Platinum certification.
Chicago — Chicago-based CA Ventures has announced the expansion of its property management services platform under a new entity, CA Management Services (CAMS).
Austin, Texas — NorthMarq has secured a $7 million refinancing for Lone Star Lofts, a 134-bed student housing community located near the University of Texas at Austin.
Davis, Calif. — University Student Living LLC has received $575 million in construction financing for a major expansion of the on-campus housing at the University of California, Davis.
Hattiesburg, Miss. — Capstone Real Estate Investments (CREI) has sold Landmark Apartments, a student housing community located near the University of Southern Mississippi in Hattiesburg.
Sault Ste. Marie, Mich. — Lake Superior State University will partner with Corvias on a new student housing community at the university’s campus in Sault Ste. Marie.
Gainesville, Fla. — A joint venture between Stark Enterprises and Campus Advantage has unveiled plans for Liv+ Gainesville, a 618-bed student housing community located near the University of Florida.
Orlando, Fla. — A partnership between American Campus Communities (ACC) and Walt Disney World Resort has broken ground on a $630 million residential community for participants of the Disney College Program…
Kent, Ohio — TSB Realty has arranged the sale of 345 Flats, a 288-bed student housing community located near Kent State University in Ohio, to NB Private Capital.
Winter Park, Fla. — CnO Capital has completed construction on The Crossing at Winter Park, a 21-bed community offering townhome-style units near Rollins College in Winter Park.
New York City — A joint venture between PEBB Capital and TriArch Real Estate Group has broken ground on a 153-bed student housing development located in the Morningside Heights neighborhood of…
Riverside, Calif. — CBRE has arranged the sale of Sterling Highlander, a 658-bed community located near the University of California, Riverside.
San Francisco — A public-private partnership between American Campus Communities (ACC) and San Francisco State University has broken ground on a 584-bed mixed-use community on the university’s campus in San Francisco.
Winston-Salem, N.C. — FourPoint Student Housing Investments has arranged the sale of Deacon Place, a 328-bed student housing community located near Wake Forest University in Winston-Salem.
West Lafayette, Ind. — Nelson Partners Student Housing LLC, a private placement 1031 exchange sponsor, has acquired The Fairway, a 298-bed student housing community located near Purdue University in West Lafayette.
Fayetteville, Ark. — Peak Campus has been awarded management of The Avenue, a 652-bed student housing community located near the University of Arkansas in Fayetteville.
Tucson, Ariz. — Holualoa Cos. has acquired Gateway at Tucson, a 552-bed student housing community located near the University of Arizona.
Fort Collins, Colo. — FourPoint Student Housing Investments has arranged the sale of Stadium Apartments, a 389-bed student housing community located near Colorado State University in Fort Collins.
Tuscaloosa, Ala. — Spaces Management, in partnership with Progressive Properties, has broken ground on Blue Haus, a 114-bed student housing community located near the University of Alabama in Tuscaloosa.
Chicago — Chicago-based CA Ventures has hired Taylor Gunn as vice president of research and analytics for the company’s student housing and multifamily divisions.
College Park, Md. — Joint venture partners Greystar Real Estate Partners LLC and Rockpoint Group have sold University View, a 1,573-bed student housing community located adjacent to the University of Maryland in…
Kennesaw, Ga. — Stratus Development has sold The Haven at Kennesaw, a 148-bed student housing community located near Kennesaw State University.
Champaign, Ill. — Asset Campus Housing has been awarded management of 212 East, a 428-bed student housing community located near the University of Illinois in Champaign.
College Station, Texas — Asset Campus Housing has been awarded management of Warehouse and Factory, a 260-bed student housing community located near Texas A&M University in College Station.
Sacramento, Calif. — NB Private Capital has acquired The Element, a 792-bed student housing community located near Sacramento State University in California.
San Antonio, Texas — Asset Campus Housing has been awarded management of two student housing communities located near the University of Texas – San Antonio.
Alexandria, Va. — StonebridgeCarras has been selected to build the Virginia Tech Innovation Campus, a $1 billion, 1 million-square-foot, technology-focused campus in Alexandria, less than two miles from Amazon’s HQ2 future site.
Brenham, Texas— Servitas has completed Mill Creek Residence Hall, a $22.7 million student housing project serving Blinn College in Brenham, Texas.
Gainesville, Fla. — The Bainbridge Cos. has acquired an 11-acre site located near the University of Florida for the development of a 492-bed student housing community.
Boca Raton, Fla. — Boca Raton-based Waypoint Residential has launched Waypoint Student Living, a management branch for the company’s student housing assets.
Charleston, S.C. — Charleston-based Greystar Real Estate Partners has announced that Randy Churchey, who joined the company following its acquisition of EdR, is leaving the company on Nov. 30 to…
Ames, Iowa — Triad Real Estate Partners has arranged the sale of South Meadow, a 235-bed student housing community located near Iowa State University in Ames.
Lubbock, Texas — Asset Campus Housing has been awarded management of Wildwood Lubbock, a 1,005-bed student housing community located near Texas Tech University in Lubbock.
Tampa, Fla. — Colliers International has added three new members to its Tampa-based National Student Housing Group – Jonathan Holt as senior associate, Nicholas Coccodrilli as senior financial analyst and Meagan Dobson as client…
Lafayette, La. — Campus Advantage has been awarded management of The Edge, a 524-bed student housing community located near the University of Louisiana – Lafayette.
State College, Pa. — CA Student Living, the student housing investment and development division of CA Ventures, has broken ground on HERE at State College, a 510,112-square-foot mixed-use development located…
Atlanta — Morehouse School of Medicine (MSM) and Carter, an Atlanta-based developer, have broken ground for the first phase of Lee Street Campus, a $52 million mixed-use development in Atlanta’s…
Albany, N.Y. — DMG Investments has opened a 322-bed student housing community at 1385 Washington Ave. near the University at Albany, SUNY.
Blacksburg, Va. — Hunt Real Estate Capital has provided Willow Creek with a $9 million first mortgage bridge loan for the acquisition and renovation of a student housing portfolio located…
Student Housing Business and University Furnishings will present a complimentary webinar entitled “Designing Interiors for Gen Z — Creating Authentic Spaces in a Virtual World” on November 15th at 2 pm…
Birmingham, Ala. — Birmingham-based Capstone Development Partners has opened five on-campus student housing communities totaling 3,000 beds.
Big Rapids, Mich. — Spectra Student Living has broken ground on Eight Thirty Water Tower, a $17 million community near Ferris State University in Big Rapids.
Arlington, Texas — HFF has secured debt financing for 101 Center, a mixed-use development located near the University of Texas at Arlington.
Tuscaloosa, Ala. — CA Student Living has completed capital improvements on and has renamed Harbor on Sixth, a 628-bed property located near the University of Alabama in Tuscaloosa.
Houston — WGC Development, in conjunction with an undisclosed institutional investor, has broken ground on Tower 5040, a 405-bed student housing community located near the University of Houston.
Dallas — Dallas-based Modern Message has hired Laura Formica as national sales manager.
Seattle — Quantum Capital Partners has secured $64 million in construction financing for The M, a 24-story student housing development located near the University of Washington in Seattle.
Lubbock, Texas — CBRE has arranged the sale of Wildwood of Lubbock, a 1,005-bed student housing community located near Texas Tech University in Lubbock.
Hattiesburg, Miss. — Vesper Holdings has acquired Vie at Hattiesburg, a 792-bed student housing community located near the University of Southern Mississippi campus in Hattiesburg.
Boston — London-based Scape — a global real estate owner, operator and developer specializing in the private academic accommodations sector — is set to open its U.S. headquarters in Boston’s Fort…
Dallas — Generating leases today requires more than just developing a stellar property. Attracting students to your community requires an adept use of social media, on the ground marketing and the…
Huntington Beach, Calif. — As the industry rounds the bend into the fourth quarter, more than 500 student housing industry executives gathered for the NMHC Student Housing Conference last week in…
Irvine, Calif. — KTGY Architecture + Planning has unveiled Mod Hall, a new modular concept featuring suite-style units, living-learning environments, activity and study spaces, digital mail rooms and social hallways to…
Atlanta and Lafayette, La. — Alpha Management Partners has been awarded management of two student housing communities currently under development in Georgia and Louisiana.
Greenville, N.C. — The Preiss Co. has opened The Eastern on 10th, a recently completed, 425-bed student housing community located near East Carolina University in Greenville.
Clarksville, Tenn. — NorthMarq has arranged $12.7 million in acquisition financing for University Landing, a 385-bed student housing community located near Austin Peay State University in Clarksville.
London — CA Ventures has named Christian Davis vice president of acquisitions.
Champaign-Urbana, Ill. and San Antonio, Texas — Arrimus Capital has acquired two student housing communities located in Illinois and Texas.
Austin, Texas — Austin-based American Campus Communities has provided an interim leasing update for the 2018-2019 academic year.
Charlotte, N.C. — Trez Forman Capital Group has provided $4.75 million in financing for a 390-unit, mixed-use community planned for development near the University of North Carolina at Charlotte campus.
Denver — Campus Advantage has been awarded management of two student housing communities located near the Auraria Campus, an educational facility which serves the University of Colorado - Denver, Metropolitan State…
Miami — University Bridge GP — a partnership between Global City Development, RER Ventures and Podium Developments — has closed on a $231 million bond issuance for University Bridge Residences…
Costa Mesa, Calif. — Servitas and Orange Coast College (OCC) are set to break ground on an 814-bed residence hall at the college’s campus in Costa Mesa.
San Bernardino, Calif. — C.W. Driver Cos. has completed the construction of a $78 million residence hall and dining facility at California State University – San Bernardino.
Kalamazoo, Mich. — Berkadia has arranged the sale of 700 SoHo near Western Michigan University in Kalamazoo for $19 million.
State College, Pa. — Landmark Properties has acquired The Legacy, a 300-bed student housing community located one block from the Pennsylvania State University campus in State College.
Dallas — More than 185 student housing leasing, marketing and operations professionals gathered in Dallas yesterday to hone their social media marketing skills at SHB LeaseCon, held at the Westin Galleria.
Boston — A joint venture between Cabot, Cabot and Forbes, Peak Campus and Blue Vista Capital Management has broken ground on a 555-unit apartment community located in Boston’s Brighton neighborhood.
Atlanta — Atlanta-based RentPath has launched a new college scholarship contest through Apartment Guide in which two winners will receive $2,500 to offset education-related expenses.
Boston — Emmanuel College has opened a new 18-story, 692-bed residence hall on its campus in Boston.
Minneapolis — TSB Realty has arranged the sale of Radius @ 15th, a 772-bed student housing community located near the University of Minnesota in Minneapolis.
Austin, Texas — CBRE has arranged the sale of Aspen Heights West Campus, a 464-bed student housing property located three blocks from the University of Texas at Austin.
Providence, R.I. — Providence-based Gilbane Development Co. has announced the launch of five new developments across the U.S.
North Carolina and South Carolina — From the time Florence made landfall on Friday, the hurricane — which has since been downgraded to a tropical storm — brought record amounts of rainfall…
Cincinnati — NB Private Capital, a successor to Nelson Brothers Professional Real Estate, has acquired CP Cincy, a 440-bed student housing community located near the University of Cincinnati in Ohio.
Urbana-Champaign, Ill. — Ruckus Networks, an ARRIS company, and Pavlov Media, one of the nation’s largest private providers of broadband services for multifamily real estate, plan to trial U.S. Citizens Broadband…
Charleston, S.C. — The proposed $4.6 billion acquisition of EdR by GSHGIF REIT, an affiliate of Charleston-based Greystar, has been approved by the company’s stockholders.
Fort Lauderdale, Fla.— Construction has commenced on a 608-bed, mixed-use development by RISE: A Real Estate Company on the Nova Southeastern University campus in Fort Lauderdale.
Philadelphia — Philadelphia-based Campus Apartments has opened four student housing developments totaling 1,643 beds in Tennessee, Michigan and Pennsylvania.
Auburn Hills, Mich. — Oakland University is set to offer Comcast’s Xfinity On Campus service to students.
San Angelo, Texas — FourPoint Student Housing Investments has arranged the sale of Angelo Place, a 480-bed student housing community located near Angelo State University in San Angelo.
New York — New York City-based Lendlease has named Matt Myllykangas director of student housing development.
Fort Myers, Fla. — A joint venture between Coastal Ridge Real Estate and M Group has acquired The Reef, a 924-bed student housing community located near Florida Gulf Coast University in…
Springfield, Mo. — Peak Campus has been awarded management of The Vue on Walnut, a 344-bed student housing development currently under construction near Missouri State University in Springfield.
Dallas — An all-star speaker line-up is being put together for LeaseCon: A Social Media, Digital & Traditional Marketing Boot Camp, the exciting new conference event from Student Housing Business and the InterFace Conference…
Tallahassee, Fla. — Berkadia has secured $17.5 million in construction financing for a 143-key Hotel Indigo set to open as part of Urban Street Development’s FSU CollegeTown district near Florida State…
Orem, Utah — A joint venture between Millstream Partners and Redstone Residential has acquired Summerwood Condos, a 282-bed community located near Utah Valley University in Orem.
St. George, Utah — Vintage Capital Partners, an investment affiliate of Redstone Residential, has sold Vintage Tabernacle, a 265-bed student housing community located near Dixie State University in St. George.
Daytona Beach, Fla. — Mallory & Evans Development has closed on construction financing for Bellamy at Daytona, a 376-bed student housing development located in Daytona Beach, Florida.
San Marcos, Texas — Asset Campus Housing has been awarded management of Lyndon at Springtown, a 510-bed student housing community currently under construction near Texas State University in San Marcos.
Morgantown, W.Va. — TSB Realty has arranged the sale of The Domain at Town Centre, a 912-bed student housing community located near West Virginia University in Morgantown.
Norman, Okla. — Student Quarters has acquired Millennium Student Apartments, a 698-bed student housing community located near the University of Oklahoma in Norman.
Tallahassee, Fla. — Asset Campus Housing has been awarded management of Nine at Tallahassee, a 438-bed student housing development located near Florida State University in Tallahassee.
Auburn, Ala. — Walker & Dunlop has arranged $24.5 million in financing for Two21 Armstrong, a student housing community located adjacent to Auburn University in Alabama.
Johnson City, Tenn. — Landmark Properties has been awarded management of Monarch 815, a 576-bed student housing community located near Eastern Tennessee State University in Johnson City.
Austin, Texas — Asset Campus Housing has been awarded management of The Muze, a 502-bed student housing community currently under development near the University of Texas at Austin.
Philadelphia — Construction is underway on The Nest at 1324, a 528-bed community located near Temple University in Philadelphia.
Tallahassee, Fla. — Landmark Properties has been awarded management of two student housing communities totaling 535 beds near Florida State University in Tallahassee.
Troy, Ala. — Asset Campus Housing has been awarded management of Pointe at Troy, a 408-bed student housing community located near Troy University in Alabama.
Dallas — A joint venture between Balfour Beatty Campus Solutions and Wynne/Jackson has completed the second and final phase of Northside, a 1,500-bed student housing community located near the University…
Chicago — A joint venture between Capstone Development Partners and Harrison Street Real Estate Capital has closed on equity financing for an on-campus, mixed-use student housing community on the University…
San Marcos, Texas — Peak Campus has been awarded management of Aspen San Marcos, a 748-bed student housing community located near Texas State University in San Marcos.
Philadelphia — The Goldenberg Group has topped off View II, a $199 million student housing development located near Temple University in Philadelphia.
Morgantown, W.Va. — Asset Campus Housing has been awarded management of The Ridge at Morgantown, a 644-bed student housing community located near the University of West Virginia campus in Morgantown.
Athens, Ga. — A joint venture between Pierce Education Properties (PEP) and TH Real Estate has acquired The Connection at Athens, an 876-bed student housing community located near the University of…
Vermillion, S.D. — Grandbridge Real Estate Capital has secured $22.3 million in construction financing for the development of a 496-bed student housing community near the University of South Dakota in Vermillion.
Tuscaloosa, Ala. and Bryan, Texas — ARA Newmark has arranged the sale of two student housing communities located in Alabama and Texas.
Lexington, Ky. — Asset Campus Housing has been awarded management of University Trails, a 676-bed student housing community located near the University of Kentucky in Lexington.
Charlotte, N.C. — The development team from CampusWorks has joined Aspen Heights Partners to oversee new projects throughout the Eastern U.S.
Reno, Nev. — Academy West Investments (AWI) has acquired Wolf Run Village and Wolf Run East, a 395-bed student housing property located two blocks from the University of Nevada, Reno…
San Luis Obispo, Calif. — Colliers International has arranged the $6.4 million sale of Icon SLO, a 26-bed student housing community located near California Polytechnic State University in San Luis…
Los Angeles, Calif. — Los Angeles-based Boingo Wireless (NASDAQ: WIFI) has agreed to acquire Elauwit Networks for a total cash consideration of $28 million.
Conway, S.C. — Aptitude Development is set to break ground on The Pier at CCU, a 564-bed student housing community located near Coastal Carolina University in Conway.
Tuscaloosa, Ala. — Peak Campus has been awarded management of The Bluff at Waterworks Landing, a 308-bed student housing community located near the University of Alabama in Tuscaloosa.
Richmond, Va. — Campus Apartments has acquired The Collection Midtown, a portfolio of 20 apartment buildings located within Richmond’s Fan and Museum District near Virginia Commonwealth University, for $31 million.
Golden, Colo. — Confluence Companies is set to break ground on a 107-unit residence hall for undergraduate students on land adjacent to the Colorado School of Mines in Golden.
Irving, Texas — Irving-based Servitas has named David Braden vice president of business development.
Rexburg, Idaho — Greystone has provided a $28.2 million Fannie Mae DUS loan for the acquisition of Northpoint Apartments, a student housing property located near Brigham Young University-Idaho in Rexburg.
Athens, Ga. — Athens-based Landmark Properties has recently broken ground on 11 new student housing developments totaling 7,700 beds.
Veteran publishing executive Tim Tolton has joined France Media, Inc. as a media advisor for Student Housing Business and InterFace Student Housing.
Dallas — Student Housing Business and the InterFace Conference Group are pleased to announce the launch of a new niche conference — SHB LeaseCon: A Social Media, Digital & Traditional Marketing Boot Camp —…
Huntsville, Texas — A joint venture between The Preiss Company and TH Real Estate has acquired The Forum at Sam Houston, a 450-bed student housing community located near the Sam…
Mesa, Ariz. — Harrison Street Real Estate Capital has acquired Century Hall, a 318-bed residence hall located on the Arizona State University Polytechnic campus in Mesa, for $27 million.
For Kyle Bach, CEO of The Annex Group LLC, there’s an affordable housing crisis taking place in large university towns.
Louisville, Ky. — Aptitude Development is set to break ground on The Marshall Louisville, a 591-bed student housing community located near the University of Louisville in Kentucky.
Austin, Texas — Austin-based American Campus Communities has announced financial results for the second quarter of 2018.
Charlotte, N.C. — Waypoint Residential LLC has acquired 901 Place, a 576-bed student housing community that serves the University of North Carolina (UNC) at Charlotte.
Minneapolis, Minn. — Grandbridge Real Estate Capital has provided a $51.5 million Fannie Mae loan for the acquisition of a 538-bed student housing community in the Midwest.
Chicago — Square Mile Capital Management LLC has provided a $55 million loan for Infinite Chicago, a 404-bed student housing community located in downtown Chicago.
Champaign, Ill. — Triad Real Estate Partners has arranged the sale of a seven-property student housing portfolio and a 30,000-square-foot development site near the University of Illinois in Champaign.
Morgantown, W.V. — Highland Realty Capital has arranged a $10.3 million bridge loan for The Ridge at Morgantown, a 644-bed student housing community located near West Virginia University in Morgantown.
Following late June’s announcement that Greystar will acquire EdR in a $4.6 billion transaction, SHB interviewed EdR’s CEO Randy Churchey to get an inside view of the deal.
Fort Myers, Fla. — Coastal Ridge Real Estate and H. Katz Capital have acquired Coastal Village Apartments, an 800-bed student housing community located near Florida Gulf Coast University in Fort Myers…
Eugene, Ore. — HFF has arranged acquisition financing for Arena District, a 244-bed student housing community located near the University of Oregon in Eugene.
Valdosta, Ga. — Asset Campus Housing has been awarded management of The Gates at Valdosta, a 222-bed student housing community located near Valdosta State University in southern Georgia.
Knoxville, Tenn. — NAI Global and NAI Koella | RM Moore has arranged the sale of The Tower at Morgan Hill, a 360-bed student housing community located near the University of…
Lawrence, Kan. — Trinitas has broken ground on The Nest by Trinitas, a 784-bed, cottage-style community located near the University of Kansas in Lawrence.
Fort Wayne, Ind. — Asset Campus Housing has been awarded management of St. Joe Place, a 432-bed student housing community located near Ivy Tech Community College and Purdue University-Fort Wayne in…
Chicago — Chicago-based CA Student Living has broken ground on six student housing communities totaling 3,000 beds.
Minneapolis and Athens, Ga. — TH Real Estate — an affiliate of Nuveen, the investment management arm of TIAA — has provided separate loans totaling $129.4 million for two student…
Austin, Texas — Austin-based Campus Advantage has promoted Jennifer Cassidy to executive vice president and co-chief operating officer.
Lubbock, Texas — Atlanta-based REIT Preferred Apartment Communities Inc. (PAC) has purchased The Bloc, a student housing community serving Texas Tech University in Lubbock.
Bethlehem, Pa. — HFF has arranged the $30 million sale of a 71-building, 383-bed student housing portfolio at Lehigh University in Bethlehem.
College Station, Texas — Peak Campus has been awarded management of Z Islander, an 864-bed student housing community located near the Texas A&M campus in College Station.
Fort Worth, Texas — Asset Campus Housing has been awarded management of Edge 55, a 165-bed student housing community located near Texas Christian University in Fort Worth.
Clemson, S.C. — Colliers International has arranged the sale of two student housing communities located near the Clemson University campus in South Carolina.
Turlock, Calif. — The Vista, a 660-bed student housing community developed by AMCAL Equities, has received LEED Silver certification.
Charleston, S.C. — An affiliate of Charleston-based multifamily development firm Greystar has agreed to acquire student housing owner-developer Education Realty Trust Inc. (NYSE: EDR) in an all-cash merger transaction valued…
Chicago — Construction is currently underway on five properties totaling 2,441 beds by Chicago-based Core Spaces.
Indianapolis — Peak Campus has been awarded management of two student housing communities developed by a partnership between Strategic Capital Partners and the University of Indianapolis.
Arlington, Texas — Asset Campus Housing has been awarded management of Midtown Arlington, a 218-bed student housing community located near the University of Texas at Arlington.
Lake Wales, Fla. — Spectra Student Living and Warner University have announced plans to renovate and develop housing on the university’s campus in Lake Wales.
Ames, Iowa — Arrimus Capital has sold the 518-bed Stadium View in Ames for $44 million.
Norfolk, Va. — Norfolk State University has announced plans for a 740-bed residence hall located on the university’s campus in Norfolk, Virginia.
Victoria, Texas — The University of Houston-Victoria (UH-Victoria) has broken ground on Don & Mona Smith Hall, a $22.8 million student housing property on the university’s campus in Victoria.
Indianapolis — The Annex Group has hired Sam Hurley as the Indianapolis-based company’s director of finance.
Charleston, S.C. and Memphis, Tenn. — The Wall Street Journal has reported that Charleston-based Greystar Real Estate Partners LLC is in exclusive talks to acquire Memphis-based EdR for $3.1 billion.
Chicago — Chicago-based Core Spaces has hired John Wieker as chief investment officer; promoted Andrew Wiedner to chief acquisitions officer; and hired Erin Perez as senior vice president of property management.
Orlando, Fla. — Preferred Apartment Communities Inc. (PAC) has acquired The Retreat at Orlando, an 894-bed, cottage-style student housing community located near the University of Central Florida in Orlando.
Tallahassee, Fla. and Ann Arbor, Mich. — Asset Campus Housing has been awarded management of two student housing communities located in Florida and Michigan.
Memphis, Tenn. — The Wall Street Journal has reported that EdR (NYSE:EdR), one of two public student housing REITs, is in potential talks with private equity firms to explore a possible transaction…
Chapel Hill, N.C. — Greystar is set to break ground on an 850-bed student housing community located near the University of North Carolina at Chapel Hill campus.