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.
Travis Prince and Victoria Marks of Cushman & Wakefield’s student housing capital markets group represented the seller, CA Ventures, in the transaction. Alignvest Student Housing Inc. acquired the property. The community offers one-, two- and four-bedroom, fully furnished units. Shared amenities include study lounges, a fully equipped gym, yoga studio, game and social lounges and on-site laundry facilities.