Sacramento, Calif. — GMH Capital Partners and AGC Equity Partners have announced plans for The Academy on 65th, a 305-bed student housing community located near California State University – Sacramento.
The property will offer fully furnished units, alongside shared amenities including a fitness center, game room, motion studio, private and group study spaces, an outdoor courtyard and a hot tub. The main entrance will be situated along 65th street, steps away from the Hornet Crossing entrance, a pedestrian and bike trail leading directly to campus.
“GMH feels this is a perfect opportunity to develop a core property in a market that has yet to see Class A pedestrian properties,” says Gary Holloway Jr., president of GMH. “The Academy on 65th will be a great new addition to our ultra-core student housing portfolio.”
GMH recently announced their new partnership with AGC to acquire and develop core and value-add student housing properties. GMH University Housing will manage the community, with leasing set to begin in August 2018.