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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Houston — A public-private partnership between Houston-based developer Medistar Corp. and Texas A&M University has branded its new, $401 million medical and engineering campus in Houston and released updated plans for the ensuing phases of construction. The new campus, which
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Urbana-Champaign, Ill. — Jackson Dearborn Partners (JDP) has broken ground on ICON, a 276-bed student housing development located near the University of Illinois at Urbana-Champaign. The project is being developed in partnership with Sub4 Development and Green Street Realty. The community
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Miami — Construction is underway on The One at University City, a 1,244-bed student housing community located across the street from the Florida International University campus in Miami. The project was financed through a $231 million bond issuance by University Bridge
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Blacksburg, Va. — Eyzenberg & Co. has structured a ground-lease on behalf of Sturbridge Square LLC and procured Greystar to redevelop an 11.5-acre site near Virginia Tech University. The property — located at 1001 University City Blvd. one mile north
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New Orleans — The New Orleans Redevelopment Fund (NORF) has received a $45 million loan to convert the Warwick Hotel in downtown New Orleans into student housing for Tulane University medical students. The 12-story building will offer 154 units that are
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Bowie, Md. — Developer Balfour Beatty Campus Solutions is underway on a 557-bed student housing and mixed-use development in Bowie, a northeastern suburb of Washington, D.C. The 170,000-square-foot development will house students of Bowie State University and will also be
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Clemson, S.C. — The Preiss Co. has broken ground on Signature Hartwell Village, a 433-bed student housing community located near Clemson University in South Carolina. The community will be part of a larger mixed-use development, Hartwell Village, which will include
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Ruston, La. — NorthMarq has secured $12.5 million in joint venture equity for the development of The Preserves at Tech. Lee Weaver and Bill Hardman of NorthMarq secured financing on behalf of an undisclosed developer. The 588-bed student housing community
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State College, Pa. — Toll Brothers Campus Living is set to open Phase I of The Yards at Old State, a 1,093-bed student housing development located near Pennsylvania State University in State College. The first phase of development will include
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Tempe, Ariz. — Construction is underway on Canvas, an 826-bed student housing community located near Arizona State University in Tempe. The property is being developed by Toll Brothers Campus Living and is scheduled for completion in fall 2021. The development
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