Vesper Holdings

Tampa, Fla. — Vesper Holdings has acquired 4050 Lofts, a 722-bed student housing community located near the University of South Florida in Tampa. The property offers three- and four-bedroom, fully furnished units with bed-to-bath parity. Shared amenities include two swimming pools, a tanning dome, fitness center, aqua lounge, coffee bar, clubhouse, outdoor kitchen and a pool table. The new ownership plans to invest $1.4 million in capital improvements, which will include a renovation of unit interiors and shared amenity spaces, as well as extensive enhancements to the property’s exterior and …

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Newark, Del. — Vesper Holdings has acquired The Retreat at Newark, a 597-bed student housing community located near the University of Delaware campus in Newark, for $48 million. The property offers a mix of one-, two-, four- and five-bedroom units with bed-to-bath parity. Shared amenities include a basketball court, clubhouse, fitness center, tanning beds, a golf simulator, outdoor grilling areas, a swimming pool, hot tub and a computer lounge. TSB Realty arranged the acquisition of the property from an undisclosed seller. Vesper plans to invest $1 million in capital improvements, which …

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Binghamton, N.Y. — Vesper Holdings has acquired 20 Hawley, a 290-bed student housing community located near Binghamton University in New York. The community offers a mix of one-, two-, three-, four-, five- and six-bedroom units with bed-to-bath parity. Shared amenities include a fitness center, yoga studio, golf simulator, game room, movie theater, study lounges, a business center, hot tub and an outdoor lounge with grilling stations. Berkadia arranged the transaction, terms of which were undisclosed. Vesper plans to execute $1.8 million worth of renovations at the property, to include  upgrades to …

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