Champaign, Ill. — Construction is set for completion on The Dean, a 672-bed development by Core Spaces located near the University of Illinois at Urbana-Champaign. The community is scheduled to open on August 19 and will offer a mix of studio,
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Chicago — CA Ventures has launched Novel Student, a property management platform that will operate the Chicago-based firm’s portfolio of student housing properties across Europe. Upon launch, the platform will operate three communities currently under development by CA Ventures: Hillside
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Berkeley, Calif. — UC Funds has provided a $13 million construction loan for a student housing development in Berkeley. The undisclosed borrower plans to develop a 40-unit student housing project on the site, which is located on University Avenue adjacent
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Spartanburg, S.C. — DMG Investments has completed construction on Auden Upstate, a 486-bed student housing community located near the University of South Carolina Upstate campus in Spartanburg. The development — which consists of seven buildings totaling 94,000 square feet —
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Chicago — Construction is currently underway on five properties totaling 2,709 beds by Chicago-based Core Spaces. New Developments include: The ōLiv, a 605-bed community serving students attending the University of Arizona in Tucson; A second project named The ōLiv, offering
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Pembroke, N.C. — A joint venture titled PB Pembroke Owner LLC has broken ground on a 192-bed student housing community located near the University of North Carolina at Pembroke. The 192-bed project is Phase 1 of a larger development set
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Houston — A development team consisting of WGC Partners — a partnership of Steve Spessard of Gore Creek Partners and Rocky Stevens and Mark Seger of Wellington Development Co. — GRC Capital and Principal Real Estate Investors has completed Tower 5040,
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Towson, Md. — Greenberg Gibbons and Caves Valley Partners will open Phase I of Towson Row, a $350 million mixed-use development in Towson, in August. The first phase includes Altus, a 214-unit student housing community that will include retail and restaurant space
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Paris — Greystar Real Estate Partners, Ivanhoé Cambridge Holdings and Bouwinvest Real Estate Investors have launched a $1.1 billion venture focused on the acquisition and development of purpose-built student and young professional housing in the greater Paris region. This newly
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The coronavirus (COVID-19) pandemic has had a major impact on all aspects of on- and off-campus student housing. In an attempt to better assess that impact and the sector’s outlook for the future, Student Housing Business conducted a survey of industry
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San Diego — Capstone Development Partners has closed on traditional debt and equity financing for the development of VIVA 5750, a new on-campus student housing community at San Diego State University in San Diego. Situated on ground leased by Capstone, the
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Lansing, Mich. — The Michigan Strategic Fund (MSF) has voted to approve the brownfield and tax-increment financing (TIF) plan for the Red Cedar project, a $256 million mixed-use development along Michigan Avenue in Lansing. The approval gives the developer, Continental/Ferguson Lansing
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