Clemson, S.C. and Greensboro, N.C. — ARA, A Newmark Company has arranged the sale of three student housing communities located in South Carolina and North Carolina.
Dispositions include The Gallery and The Enclave, a two-property portfolio consisting of 382 beds near Clemson University in South Carolina; and Sterling Park, a 216-bed community located near the University of North Carolina-Greensboro. An undisclosed buyer based in the Carolinas acquired the communities. Texas-based GVA Pro LLC sold the two-property portfolio located in Clemson. MSD Capital sold the asset located in Greensboro. Ryan Lang of ARA Newmark represented the sellers in both transactions.