College Park, Md. — TSB Realty LLC has arranged the sale of Terrapin Row, a 1,493-bed student housing community located near the University of Maryland in College Park.
The community offers studio, one-, two-, three- and four-bedroom apartment-style units and select two- and four-bedroom townhome-style units. Shared amenities include a resort-style pool, volleyball court, outdoor television and kitchen area, state-of-the-art fitness center with an interactive group fitness room, a sauna, golf simulator, complimentary coffee bars and media and gaming clubrooms. TSB represented the seller, a joint venture between Toll Brothers Campus Living and a fund managed by Ares Management, in the transaction. The buyer was undisclosed, but the property will be managed by Pinnacle Campus Living.