Universities across the country are seeing an increased demand for state-of-the art student amenities. New dormitories are at the top of the list for many universities as their student population grows. But, as those of us in the industry know, construction on school campuses presents a number of unique challenges not shared by many other construction projects. The demand for on-schedule production, reduced waste, limited interruption and the need to stay on-budget are key factors that have little room for error.
Chicago — CA Student Living, the student housing division of Chicago-based CA Ventures, has completed eight luxury student housing communities comprising nearly 4,000 beds.
Ann Arbor, Mich. — MJW Investments Inc. has acquired Maynard House, a 74-unit student housing community located across the street from the University of Michigan campus in Ann Arbor.
Waco, Texas and Allendale, Mich. — Asset Campus Housing has been awarded management of two student housing communities located in Texas and Michigan.
Columbus, Ohio — Columbus Pacific and Homestead U have finished renovations on University Village, a student housing community located near Ohio State University in Columbus.
Bloomington, Ind. — A joint venture between Alex Brown Realty Inc. and Asset Campus Housing has acquired The Fields, a 537-bed student housing community located near the main campus of…
Edwardsville, Ill. — Peak Campus has been selected to manage Enclave, a 352-bed, garden-style student housing community located near Southern Illinois University in Edwardsville.
Austin, Texas — Austin-based American Campus Communities has appointed Blake Chandlee to the company’s board of directors.
Jersey City, N.J. — The Hampshire Companies and joint venture partner Claremont Companies, along with project investment advisor Circle Squared Alternative Investments, have broken ground on the first phase of…
Houston — Cardinal Group Management has been awarded management of Gateway on Cullen, a 531-bed student housing community located near the University of Houston.
Philadelphia — Daniel Bernstein has assumed the role of president at Philadelphia-based Campus Apartments, and will continue to serve as the company’s CIO.
Fort Collins, Colo. and Tucson, Ariz. — EdR has acquired three student housing communities located in Colorado and Arizona totaling 505 beds.
Bluffstone Opens The Villas Downtown Springfield Mixed-Use Development Near the University of Illinois at Springfield
Springfield, Ill. — Bluffstone Student Housing has opened The Villas Downtown Springfield, a 79-unit, mixed-use development located near the University of Illinois at Springfield campus in Springfield.
New York City — New York City-based Greystone has hired Joseph Stepchuk as managing director.
Lutz, Fla. — Coastal Ridge has been awarded management of Campus Lodge, a 1,067-bed student housing community located near the University of South Florida campus in Lutz.
Gainesville, Fla. — Landmark Properties has unveiled The Standard at Gainesville, a 1,200-bed, mixed-use student housing community located near the University of Florida campus in Gainesville.
Lake Wales, Fla. — Mainstreet Student Living and Warner University have opened Holland Hall, a 100-bed, on-campus student housing community.
Madison, Wis. — The construction of Core Spaces’ The James student housing development near the University of Wisconsin campus in downtown Madison is ahead of schedule.
Philadelphia — Philadelphia-based Comcast is expanding the company’s Xfinity On Campus program to 36 new universities this year.
Seaside, Calif. — The University Corporation at Monterey Bay — an auxiliary corporation of California State University, Monterey Bay — has acquired a 579-bed student housing community located adjacent to…
Tucson, Ariz. — Core Spaces has opened Tucson II, a 104-unit student housing community located a few blocks away from the University of Arizona campus in Tucson.
Colliers International Arranges Sale of Two Student Housing Properties Near the University of Florida
Gainesville, Fla. — Colliers International has arranged the sale of two student housing properties near the University of Florida in Gainesville.
Athens, Ga. and Tallahassee, Fla. — Pierce Education Properties L.P. has acquired two student housing communities located in Florida and Georgia.
Strategic Capital Partners, University of Indianapolis Open Greyhound Village Student Housing Community
Indianapolis — A joint venture between the University of Indianapolis and Strategic Capital Partners has opened Greyhound Village, a 486-bed, on-campus student housing community.
Austin, Texas — Austin-based Aspen Heights Partners has announced four new student housing developments in Texas, Iowa and New York.
Cedar Falls, Iowa and Big Rapids, Mich. — Triad Real Estate Partners has arranged the sale of two student housing properties located in Iowa and Michigan.
Baton Rouge, La. — Louisiana State University will begin its first day of classes on Monday August 22 as planned, with no delay due to heavy flooding that has affected…
Walker & Dunlop Provides $48.8 Million in Financing for Student Housing Portfolio Near Brigham Young University
Provo, Utah — Walker & Dunlop Inc. has provided three loans totaling $48.8 million for a portfolio of three student housing properties located near Brigham Young University in Provo.
Austin, Texas — Austin-based Campus Life & Style (CLS), the newly formed management division of Vesper Holdings LLC, has named Jim Sholders COO.
Philadelphia — Philadelphia-based Campus Apartments has hired Dean Holmes as senior vice president of operations.
Atlanta — The Georgia State University Foundation has finalized its purchase of Turner Field and the surrounding 67 acres from the Atlanta-Fulton County Recreation Authority.
Philadelphia — Rittenhouse Realty Advisors has arranged the $11.8 million sale of Spring Hamilton Apartments, a 114-bed student housing community located near Drexel University in Philadelphia.
WE Communities Completes $4 Million Renovation of 1,096-Bed Student Housing Community in Jacksonville
Jacksonville, Fla. — WE Communities has completed a $4 million renovation of The District on Kernan, a 1,096-bed student housing community located near the University of North Florida and Florida…
Newark, Del. — The Bainbridge Cos. LLC and Pinecrest Partners have opened One Easton, a 440-bed student housing community located near the University of Delaware campus in Newark.
The Preiss Co. Sells 437-Bed Student Housing Community Located Near Coastal Carolina University for $9.7 Million
Myrtle Beach, S.C. — The Preiss Co. has sold University Village at the Coast, a 437-bed student housing community located near Coastal Carolina University in Myrtle Beach, for $9.7 million.
Washington, D.C. — Urban Investment Partners (UIP) has acquired a ten-story student housing building from George Washington University (GWU) for $36 million.
Atlanta — Atlanta-based Peak Campus has named Mark Riley senior vice president of development.
State College, Pa. — CA Student Living, the student housing division of CA Ventures, and Liberty Mutual have commenced construction on RISE at State College, a grocery-anchored mixed-use development located…
Atlanta — Pillar has originated an $18 million Freddie Mac loan to refinance The Flats at Atlantic Station, an 86-unit property located adjacent to the Georgia Tech campus in Atlanta.
Baton Rouge, La. — RISE: A Real Estate Company has acquired Oakbrook Apartments, a 462-bed student housing community located near Louisiana State University in Baton Rouge.
Minneapolis — A joint venture between CA Ventures LLC and Harlem Irving Cos. has broken ground on RISE at Prospect Park, a 530,842-square-foot, mixed-use development located near the University of…
Cleveland, Ohio — Peak Campus has been selected to manage The Edge on Euclid, a 564-bed student housing community currently under construction near the Cleveland State University campus in Cleveland.
Iowa City, Iowa — The University of Iowa and Miron Construction have topped out Madison Street Residence Hall, a 12-story, 311,000-square-foot on-campus living and dining facility.
Marquette, Mich. — EdR has broken ground on a multiple building living-learning community at Northern Michigan University (NMU) in Marquette.
Campus Advantage, Waypoint Residential Acquire 288-Bed Student Housing Community Near East Carolina University
Greenville, N.C. — Campus Advantage and Waypoint Residential have embarked upon a new partnership with the acquisition of First Street Place Apartments, a 288-bed community located near East Carolina University…
Pittsburgh — EdR, in a joint venture with Park7 Group, has begun construction on a $106 million, 723-bed student housing community located adjacent to both the University of Pittsburgh and…
Waco, Texas — CBRE Capital Markets’ debt and structured finance team has arranged $38 million in construction financing for the development of a 724-bed student housing community located near Baylor University.
Myrtle Beach, S.C. — Asset Campus Housing has been awarded management of Indigo at 110, a 437-bed student housing community located near Coastal Carolina University.
Baton Rouge, La. — CBRE has arranged $48 million in construction financing for the development of Park Place, a 745-bed student housing community to be located adjacent to the Louisiana…
Tallahassee, Fla. — Real estate investment firm CollegePlace Partners has acquired The District, a 311-bed student housing portfolio located adjacent to Florida State University in Tallahassee, in an off-market transaction…
Denton, Texas — Redstone Residential has been awarded management of Gateway at Denton Apartments, a 696-bed student housing community located near the University of North Texas campus in Denton.
Campus Advantage, Pinecrest Partners Complete Construction of The Knox Near The University of Tennessee
Knoxville, Tenn. — Campus Advantage and Pinecrest Partners have completed the construction of The Knox, a 382-bed student housing community located within walking distance of The University of Tennessee campus…
Slippery Rock, Pa. — Peak Campus has been awarded management of The Heights at Slippery Rock, a 400-bed, garden-style student housing community located near Slippery Rock University in Slippery Rock…
Austin, Texas — Austin-based American Campus Communities Inc. has released its second quarter financial report. The company achieved funds from operations of $72.2 million in the second quarter of this year…
Gainesville, Fla. — Walker & Dunlop Inc. has arranged a $22 million refinance loan for a portfolio of three student housing communities located near the University of Florida campus in…
Coastal Ridge to Manage Three Student Housing Communities in Missouri, West Virginia and North Carolina
Columbus, Ohio — Columbus-based Coastal Ridge Real Estate Partners has been awarded management of three new student housing communities located in Missouri, West Virginia and North Carolina.
Iowa City, Iowa — CA Ventures LLC, through its student housing arm CA Student Living LLC, has broken ground on RISE at Riverfront Crossings, a 575,000-square-foot, mixed-use development located near…
East Lansing, Mich. — Greystar Student Living has been selected to manage The Rocks Apartments, a 376-bed student housing community located near Michigan State University in East Lansing.
NorthMarq Capital Arranges $9.8 Million in Acquisition Financing for 336-Bed Student Housing Community
Pembroke, N.C. — NorthMarq Capital has arranged $9.8 million in acquisition financing for Pembroke Place, a 336-bed student housing community located near the University of North Carolina at Pembroke campus…
College Station, Texas — Peak Campus has been awarded management of Gateway at College Station, a 960-bed, garden-style student housing community located near the Texas A&M campus in College Station.
Austin, Texas — Chicago-based Core Spaces has named Tyrel Hullum acquisitions specialist in the company’s Austin, Texas, office.
Commerce, Texas — EdR, in partnership with Texas A&M University-Commerce, has commenced construction on a 490-bed, on-campus student housing community.
Boston — MassDevelopment has issued two bonds totaling $188.2 million on behalf of The Trustees of Emmanuel College, a co-educational Catholic college in Boston, to build and furnish a new…
Denton, Texas — MJW Investments has acquired Gateway at Denton, a 696-bed student housing community located one mile away from the University of North Texas campus in Denton.
Albuquerque, N.M. — Signet Development, in partnership with the University of New Mexico (UNM), has broken ground on Lobo Rainforest, a $35 million, 160,000-square-foot living-learning community located within the planned…
Knoxville, Tenn. — Peak Campus has been selected to manage Gateway at Knoxville, a 720-bed student housing community that serves both the University of Tennessee and Pellissippi State Community College…
Raleigh, N.C. — Raleigh-based The Preiss Co. has acquired three student housing properties located in Florida, Indiana and North Carolina in joint ventures with a private equity group.
Houston — Peak Campus has been selected to manage Savoy Apartments, a 240-bed student housing community located near the University of Houston and Texas Southern University.
San Marcos, Texas — 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired The Villagio Apartments, a student housing community located at 1850 Aquarena Springs…
Philadelphia — Colliers International has arranged $9.1 million in financing for Wister Court, a student housing property located in Philadelphia.
Tulsa, Okla. — KSQ Design, a national architecture, interior design and engineering firm, has promoted Monica Roberts to principal.
EdR, Laureate Campus Living Break Ground on $47 Million Student Housing Development Near Oklahoma State University
Stillwater, Okla. — EdR, in a joint venture with Laureate Campus Living, has commenced construction on Avid Square, a $47 million student housing development located adjacent to the Oklahoma State…
Columbia, Mo. — California-based investment firm TwinRock Partners has acquired Log Hill Run Apartments, a 328-bed student housing community located less than four miles away from the University of Missouri…
Tampa, Fla. — Vesper Holdings’ The Ivy, a 1,002-bed student housing community located near the University of South Florida in Tampa, is fully pre-leased for the fall 2016 semester.
Shepherdstown, W.Va. — EdR has broken ground on a $22 million residence hall at Shepherd University in Shepherdstown, West Virginia.
Tallahassee, Fla. — Capstone Real Estate Investments LLC has acquired two student housing communities located near the Florida State University campus in Tallahassee.
Syracuse, N.Y. — Syracuse University plans to renovate and convert the Sheraton Syracuse University Hotel & Conference Center into student housing.
Charlotte, N.C. — Greystar Student Living has been selected to manage Millennium One Apartments, a 740-bed student housing community located near the University of North Carolina at Charlotte campus in…
Austin, Texas — Lincoln Ventures is set to break ground on The Ruckus, a 160-bed, Class A student housing community located two blocks west of the University of Texas at…
Warrensburg, Mo. — Annex Student Living has broken ground on Annex 56, a 324-bed student housing community located adjacent to the University of Central Missouri campus in Warrensburg.
Rittenhouse Realty Arranges Sale of Two Properties in the University City Neighborhood of Philadelphia
Philadelphia — Rittenhouse Realty Advisors has arranged the sale of two apartment properties in the University City neighborhood of Philadelphia for $14.7 million.
Norman, Okla. — Greystar Student Living has been awarded management of The Avenue at Norman, an 894-bed student housing community located near the University of Oklahoma campus in Norman.
Tampa, Fla. — Tampa-based Multifamily Professional Group LLC has announced the launch of Rent Credit, the company’s new business-to-business service program.
Chicago — Chicago-based CA Ventures has named Beth Pinder executive vice president of sales and marketing for the company’s student housing division, CA Student Living.
New York City — American Campus Communities (ACC) and EdR have announced interim leasing progress for the fall in conjunction with the NAREIT Conference this week in New York.
Lubbock, Texas — Haven Campus Communities is set to develop a 556-bed, 140-unit luxury student housing community in the Overton district of Lubbock, Texas, directly adjacent to the Texas Tech University…
Colliers International Arranges Sale of 216-Bed Student Housing Community Near East Carolina University
Greenville, N.C. — Colliers International has arranged the sale of Campus Pointe, a 216-bed student housing community located 1.4 miles east of the East Carolina University campus in Greenville.
Arkansas State University, Zimmer Development Break Ground on Two On-Campus Student Housing Complexes
Jonesboro, Ark. — Zimmer Development Co. and Arkansas State University have broken ground on two new on-campus residence halls.
Chicago — The University of Chicago has tapped HFF to market for sale a portfolio consisting of 11 properties and six land sites in Chicago.
Carolina Apartment Advisors Arranges $34.2M Sale Of Carolina Cove Near University of North Carolina – Wilmington
Wilmington, N.C. — Carolina Apartment Advisors has arranged the $34.2 million sale of Carolina Cove, a 600-bed student housing community located less than one mile away from the University of…
Memphis, Tenn. — Memphis-based EdR (NYSE: EDR) will be added to Standard & Poor’s MidCap 400 GICS Residential REITs Sub-Industry index after the close of trading on Friday, May 27.
Pierce Education Properties Acquires 990-Bed Student Housing Community Near the University of Florida
Gainesville, Fla. — Pierce Education Properties L.P. has acquired The Pavilion on 62nd, a 990-bed student housing community located just west of the University of Florida campus in Gainesville.
Chicago — Chicago-based Triad Real Estate Partners has named Michael Ostrander director of student housing at the company’s new office in Ann Arbor, Michigan.
East Lansing, Mich. — WestPac Campus Communities has sold The Rocks, a 376-bed student housing community located 2.5 miles north of the Michigan State University campus in East Lansing.
Dallas — Dallas-based Greystar Student Living has named Jack Biehunko director of client services.
Oxford, Miss. — Capstone Real Estate Investments LLC has acquired Old Taylor Place Apartments, a 224-bed student housing community located 0.3 miles away from the University of Mississippi campus in…
Raleigh, N.C. — The Preiss Co., in a joint venture with an undisclosed private investment group, has acquired two student housing communities near North Carolina State University in Raleigh.
Missoula, Mont. — Farran Realty Partners has awarded Grand Campus Living management of 46 North Apartments, a 468-bed student housing community under development near the University of Montana in Missoula.
Terre Haute, Ind. — ICAP Development is set to break ground on Highland Quarters, a 224-bed student housing community located at 627 Cherry St. adjacent to Indiana State University in…
Morgantown, W.Va. — Core Spaces has acquired a three-year-old, 420-bed student housing community located less than half a mile away from the West Virginia University campus in Morgantown.
Mobile, Ala. — Peak Campus has been selected to manage The Edge on Old Shell Road, a 560-bed student housing community located near the University of South Alabama in Mobile.
London — London-based Hines has moved into the student housing market with the acquisition of six development sites in the U.K. from McLaren Property.
Greystar Student Living Awarded Management of Arena District Apartments Near the University of Oregon
Eugene, Ore. — Student Housing-Eugene LLC, an affiliate of Columbia Investments LLC, has awarded Greystar Student Living management of Arena District Apartments, a 244-bed student housing community located two blocks…
CA Student Living, Fields Holdings Break Ground on 430-Bed Student Housing Community near the University of Missouri
Columbia, Mo. — A partnership between CA Student Living and Fields Holdings has broken ground on Rise on 9th near the University of Missouri campus in Columbia.
Houston — Houston-based Asset Campus Housing Inc. (ACH) has named Jim Short senior vice president of capital markets.
Fort Collins, Colo. — Chicago-based development and management firm Core Spaces has acquired a 665-bed student housing community located one block away from the Colorado State University campus in Fort…
Austin, Texas — Austin-based American Campus Communities Inc. has released its first quarter financial report. The company achieved quarterly funds from operations of $78.2 million in the first quarter of…
St. George, Utah — Vintage Capital Partners LLC is set to begin construction on a 265-bed student housing community near Dixie State University in St. George.
Tuscaloosa, Ala. — Peak Campus has been awarded management of The Avenue at Tuscaloosa, an 868-bed student housing community located minutes away from the University of Alabama campus.
Fort Collins, Colo. — Marcus & Millichap has arranged the $24.6 million sale of Lokal CSU, a 194-bed student housing property located one block away from the Colorado State University…
Battle Creek, Mich. — Annex Student Living is set to begin the redevelopment of a newly acquired housing property located across the street from Kellogg Community College in Battle Creek.
Haven Campus Communities to Develop 542-Bed Student Housing Property near the University of South Florida
Tampa, Fla. — Haven Campus Communities is set to begin construction on a new 542-bed student housing community located blocks away from the main entrance to the University of South…
Colorado Springs, Colo. — Gilbane Development Co. has broken ground on West Edge, a student housing community located across the street from The University of Colorado Colorado Springs (UCCS) campus.
Boston — Cabot, Cabot, and Forbes and Peak Campus, in conjunction with investment partner Blue Vista Capital Management LLC, have announced plans to develop a 12-acre site in Boston’s Brighton…
Austin, Texas — Thursday evening, Student Housing Business presented 23 awards to companies for excellence in student housing development.
Austin, Texas — Austin-based developer Johnson Trube & Associates is moving forward with the construction of SKYLOFT, a 677-bed student housing development located one block away from the University of…
Austin, Texas — The 8th annual InterFace Student Housing Conference concluded today after two and a half great days of networking and educational sessions from leaders across all facets of the…
Eugene, Oregon —Stephen Whitehead of NorthMarq Capital has arranged the $9.8 million refinance of K14 Campus Flats, a 145-bed student housing property located near the University of Oregon.
Austin, Texas — As we gear up for the InterFace Student Housing conference this week in Austin, Texas, American Campus Communities (ACC), EdR and Campus Advantage have announced interim leasing…
Boise, Idaho — EdR and Boise State University have broken ground on a nearly $40 million Honors College and first-year residence hall.
San Francisco — San Francisco-based automated package management company Luxer One and The Postal Solutions Cos. have announced their partnership.
College Station, Texas — Haven Campus Communities has acquired The Tradition at Northgate, a 795-bed student housing community located across the street from the Texas A&M campus in College Station.
Austin City Council Approves Relocation of Historic Home on UT’s West Campus for Student Housing Development
Austin, Texas — The Austin City Council has approved the removal of a restrictive covenant on the historic Dabney-Horne home located on the University of Texas at Austin campus, allowing…
Austin, Texas — Vesper Holdings has announced the launch of its in-house student housing management company Campus Life & Style (CLS) to manage its rapidly growing portfolio of off-campus apartment…
Raleigh, N.C. — The Preiss Co. has acquired Campus Edge, a 546-bed student housing community located near the North Carolina State University campus in Raleigh.
Minneapolis — Peak Campus has been awarded management of Metro Park East, a mid-rise, 587-bed student housing community located near the University of Minnesota campus in Minneapolis.
Las Vegas — The University of Nevada Las Vegas (UNLV) and The Midby Cos. have begun construction on a three-phased redevelopment of the University Park Apartments, a garden style apartment…
Pittsburgh and Annville, Pa. — Comcast has launched Xfinity On Campus, a service that allows college students to watch live TV and On Demand content on their IP-enabled devices like…
Flagstaff, Ariz. — American Campus Communities (NYSE: ACC) has broken ground on its fourth student housing transaction with Northern Arizona University in Flagstaff.
South Bend, Ind. — Peak Campus has been awarded management of two student housing communities with a combined total of 549-beds near Notre Dame in South Bend.
Denver — Denver-based Cardinal Group Management has been awarded management of two student housing communities comprising 1,600 beds in Idaho and Indiana.
Raleigh, N.C. — Raleigh-based The Preiss Co., the nation’s third largest privately held student housing owner-operator, acquired four properties during the first quarter of 2016 and expects aggressive growth to…
Waco, Texas — Hunt Mortgage Group has provided a $26 million Freddie Mac loan for the acquisition of Domain at Waco, a student housing property located near the Baylor University…
Newark, Del. — Peak Campus has been awarded management of Rittenhouse Station, a 295-bed student housing property located near the University of Delaware campus in Newark.
Chicago — Target is set to open a 21,000-square-foot location at Vue53, a mixed-use development located in Chicago.
Pierce Education Properties Acquires 888-Bed Student Housing Property near East Carolina University for $42M
Greenville, N.C. — Pierce Education Properties L.P. has acquired The Landing, an 888-bed student housing property located near the East Carolina University campus in Greenville, for $42 million.
Athens, Ohio — Construction is currently underway at River Gate, a 232-bed student housing property located near the Ohio University campus in Athens.
Bethesda, Md. — Bethesda-based Walker & Dunlop Inc. (NYSE: WD) originated $617 million in loans backed by student housing properties in 2015.
Signet Development, Kelley Properties Inc. to Develop 328-Bed Student Housing Community near Wake Forest
Winston-Salem, N.C. — Signet Development, in partnership with Kelley Properties Inc., will begin construction on Deacon Place, a 328-bed student housing community adjacent to Wake Forest University in Winston-Salem.
Austin, Texas — With approximately $4.8 billion in total sales volume and 133 individual transactions, 2015 has become the highest sales volume year in the history of the student housing…
Greensboro, N.C. and Johnson City, Tenn. — Peak Campus has been awarded management of three student housing assets totaling 1,300 beds in North Carolina and Tennessee.
Orlando, Fla. — Campus Advantage has acquired The Edge, a 930-bed student housing community located near the University of Central Florida campus in Orlando.
Clemson, S.C. and San Antonio, Texas — Coastal Ridge Real Estate Partners has been awarded management of Campus View Apartments in Clemson and Tetro Student Village in San Antonio.
Milwaukee, Wis. — Landmark Properties has been awarded management of Eleven25 at Pabst, a 151-unit student housing project in downtown Milwaukee.
Waco, Texas and Clemson, S.C. — ARA Newmark has arranged the sale of two student housing facilities in Texas and South Carolina.
Provo, Utah — Berkadia has arranged the sale of University Villa Apartments, a 125-unit student housing property located three blocks from the Brigham Young University campus in Provo.
Marlton, N.J. — Marlton-based University Student Living LLC, the student housing company of The Michaels Organization, has named Ned Williams senior vice president.
Miami — Miami-based The Woodlark Cos. is undergoing a corporate rebranding, and will now operate under the name Vie Management.
Atlanta — Atlanta-based Peak Campus has promoted Wendy Walker to CFO.
Clemson, S.C. — Grand Campus Living has been awarded management of GrandMarc Clemson, a 524-bed student housing community currently being developed by Phoenix Property Co. and Homes Urban Properties less than…
Chicago — Chicago-based CA Ventures has named Irene Moroko executive vice president of asset management.
Jonesboro, Ark. — Arkansas State University, in a public-private partnership with Zimmer Development Co., is set to begin construction on two new on-campus residential complexes.
Philadelphia — Drexel University and Brandywine Realty Trust (NYSE: BDN) will co-develop the Schuylkill Yards mixed-use community on a 14-acre site in Philadelphia.
Chicago — Chicago-based Harrison Street Real Estate Capital LLC has completed its $1.9 billion acquisition of Campus Crest Communities Inc.
Statesboro, Ga. — Torchlight Investors has selected Grand Campus Living to manage The Renaissance Apartments, a 368-bed student housing community located within walking distance of the Georgia Southern University campus…
Ames, Iowa — Vesper Holdings has acquired The Foundry, an apartment community located in Ames near Iowa State University.
Youngstown, Ohio — Peak Campus has been selected to manage University Edge, a 162-bed development located in Youngstown.
Mountain Brook, Ala. — PentaRisk Insurance Specialists has hired Selina Simpson and Judson Stewart to lead a specialized student housing practice out of a new office near Birmingham at 500…
Atlanta — Atlanta-based Peak Campus has named Jeff Githens president of development.
Dallas — Dallas-based Domus Development has hired Marc Sullivan as vice president of development and operations.
Campus Evolution Villages Refinances Campus Evolution Villages Morgantown Near West Virginia University
Morgantown, W. Va. — Campus Evolution Villages has refinanced Campus Evolution Villages Morgantown, a 924-bed, 280-unit student housing property located minutes away from West Virginia University.
Indianapolis — Indianapolis-based Annex Student Living has promoted Rob Martinson to CIO and named Julie Elliott as general counsel.
Chicago — Chicago-based Core Spaces has named Chip Schell vice president of new business.
Lexington, Ky. — The University of Kentucky Board of Trustees has approved the next phase of the university’s on-campus housing revitalization that will bring the total number of beds delivered…
Austin, Texas — University House Communities has topped out it’s fully preleased property University House Austin, located at the corner of 21st Street and San Antonio Street one block away from the…
Chicago — The National Apartment Association's Student Housing Conference & Exposition began yesterday at the Hyatt Regency in Chicago and continues today.
Austin, Texas — Austin-based Campus Advantage has added 4,000 beds to its portfolio of managed student housing properties over the past 90 days.
Waco, Texas — Grandbridge Real Estate Capital has provided $12.5 million in financing for the acquisition and renovation of The Hype, a 430-bed dedicated student apartment complex located just north…
West Lafayette, Ind. — Prime Property Investors has sold a 25-building student housing portfolio near Purdue University in Indiana for $47.2 million.
Davis, Calif. — HighBridge Properties has acquired a five-acre infill site in Davis that it intends to develop as rental housing for students at the nearby University of California, Davis.
Tallahassee, Fla. — Urban Street Development and CollegeTown LLC have awarded Greystar Student Living management of CollegeTown at Madison Street in Tallahassee.
Boston —The University of Massachusetts Boston has announced the development of a $120 million, 1,000-bed on-campus residential complex expected to open in September 2018.
Austin, Texas — Austin-based American Campus Communities (ACC) has completed a large equity offering that significantly deleveraged the company’s balance sheet and improved its key credit metrics, resulting in an…
San Marcos, Texas — Peak Campus has been selected to manage University Heights, an 816-bed complex located minutes away from the Texas State University campus in San Marcos.
State College, Pa. — Recap Management has announced that Target, H&M and Federal Tap House will join Fraser Centre, a mixed-use development located one block away from the Penn State University…
Atlanta — The year is off to a blazing start for student housing investment sales — at least on the listings front. A number of sellers brought portfolios to the market…
Ithaca, N.Y. — EdR has been approved to develop, finance and construct on-campus housing for graduate and professional students at Cornell University in Ithaca.
Dalton, Ga. — Winter Construction has topped out Mashburn Hall of Roadrunner Place, a four-story, 92,000-square-foot residence hall set to open in 2016 at Dalton State College in Dalton.
Birmingham, Ala. — Capstone Development Partners (CDP), in conjunction with the University of North Alabama, celebrated the completion of Olive and Mattielou residence halls with a dedication and ribbon cutting…
Chicago — Chicago-based The Scion Group has promoted Jason Taylor to senior vice president, advisory services.
Houston — Dallas-based Fountain Residential Partners, in a joint venture development with Austin-based Virtus Real Estate Capital, will develop a student housing community serving students of the University of Houston…
Troy, N.Y. — Hudson Valley Community College (HVCC) has selected Troy-based United Group to develop a student housing community at the corner of Morrison and Vandenburgh avenues in Troy.
Edinburg, Texas — Domus Development is bringing a $27.7 million, off-campus student housing community to Edinburg in August 2017.
Charlotte, N.C. — Shareholders of Campus Crest Communities (NYSE:CCG) approved the merger of the company with Chicago-based Harrison Street Real Estate Capital at the company's annual meeting on Tuesday, January…
Louisville, Ky. — Doster Construction has completed the $45.8 million construction of the 758-bed Clubhouse Student Apartments in Louisville adjacent to the University of Louisville campus.
Tampa, Fla. — Colliers International’s Student Housing Group has facilitated the sale of four student housing properties located in four different states.
Hattiesburg, Miss. — Capstone Real Estate Investments has purchased the University Edge Apartments, located adjacent to the University of Southern Mississippi campus in Hattiesburg.
Tampa, Fla. — Franklin Street Capital Advisors (FSCA) has closed the $20 million refinancing of Campus Palms Apartments, a 570-bed student housing property in Tampa, near the campus of University…
Columbia, S.C. — Holder Properties has topped out the second phase of 650 Lincoln, located on the campus of the University of South Carolina.
Sacramento, Calif. — VerTex Student Housing Partners, a joint venture of Vermilion Development and TEXLA Housing Partners, has acquired The Element, a 288-unit, 792-bed student housing development near Sacramento State…
Auburn, Ala. — Campus Advantage has acquired Eagles Reserve in Auburn, its 10th and final acquisition under a joint venture with a major state public pension fund.
Indianapolis — Annex Student Living has promoted Rob Martinson to chief investment officer.
San Marcos, Texas — Casey Development has sold Uptown Square Apartments, a 512-bed, luxury student housing apartment community located in San Marcos near the campus of Texas State University.
Philadelphia — Cross Properties is constructing off-campus student housing near Drexel University in Philadelphia that will integrate amenities such as a pop-up restaurant/entrepreneur incubator space, a food lab, cooking classes…
Jacksonville, Fla. — W. P. Carey Inc. and its managed REIT CPA:17 – Global have acquired a 70,000-square-foot, newly constructed student residence hall in Jacksonville, Florida, on the campus of…
Urbana, Ill. — The Wernke Team has arranged the sale of Lincoln Place Apartments, a 60-unit, 155-bed student housing community located in Urbana.
College Station, Texas — Lutz Real Estate Investments (LREI), in a joint venture with Harrison Street Real Estate Capital, has sold University Square and Laurel Ridge Apartments located near Texas…
Atlanta — The board of directors of Peak Campus has appointed Bob Clark as its CEO.
Boca Raton, Fla. — A joint venture partnership of Rosemurgy Properties, Giles Capital Group and Lewis Rental Properties has sold a South Florida student housing real estate portfolio including three…
Bowling Green, Ky. — Pierce Education Properties (PEP) has purchased a 756-bed, off-campus student housing community near the campus of Western Kentucky University in Bowling Green called College Suites.
Boston — Northeastern University and American Campus Communities will build a new residence hall on the Boston campus for approximately 800 students.