Davis, Calif. — Construction is underway on Orchard Park, a 1,600-bed student housing community located on the University of California, Davis campus. The property will target graduate students, offering units at below-market rates. The community is scheduled for completion in
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San Jose, Calif. — CIM Group has provided a $150 million refinancing to AMCAL Equities and Star America for The Grad, a 1,039-bed student housing community located near San Jose State University. The 19-story property offers studio, two-, three-and four-bedroom,
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San Jose, Calif. — Urban Catalyst has received approval for development of The Mark, an 850-bed student-focused community located one block from the San Jose State University (SJSU) campus in California. Groundbreaking is expected before the end of this year
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Davis, Calif. — HighBridge Properties has opened The Ryder on Olive, a 706-bed community located near the University of California, Davis. The 260,000-square-foot, LEED Gold certified property offers a mix of two-, three-, four- and five-bedroom, fully-furnished units. Shared amenities
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Los Angeles — Core Spaces has received construction financing for Hub on Campus II, a 577-bed student housing development located near the University of Southern California (USC) in Los Angeles. TSB Capital Advisors secured the loan through Square Mile Capital
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Chicago — CA Student Living has completed four student housing communities totaling 2,241 beds. Deliveries include HERE Atlanta, a 784-bed property located near the Georgia Institute of Technology in Atlanta; Uncommon Flagstaff, a 587-bed community serving students attending Northern Arizona
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Last week, California lawmakers approved a housing program that would provide $500 million of the state’s budget to public colleges and universities for the development or renovation of affordable housing for students. The program is awaiting Governor Gavin Newsom’s signature,
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Beverly Hills, Calif. — Nimes Real Estate has hired Michael Orsak as managing director of real estate. In his new role, Orsak will serve as a real estate investment adviser, helping the company to grow its real estate platform through
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Bethesda, Md. and Woodland Hills, Calif. — Walker & Dunlop (NYSE: WD) has entered into a definitive agreement to acquire Alliant Capital Ltd., a privately held affordable housing asset management firm based in Woodland Hills. Under the terms of the purchase
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Sacramento, Calif. — A public-private partnership between Sacramento State University and Greystar has opened Hornet Commons, a 1,100-bed residence hall on the university’s campus in Sacramento. The community offers apartment-style, fully furnished units for upper-division and graduate students. Shared amenities
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Sacramento, Calif. — Greystar Real Estate Partners has launched the Hornet Helping Hands Scholarship at Sacramento State University, a need-based student housing scholarship for its Hornet Commons project opening this fall. With an initial investment of $150,000 seed funded by
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Santa Monica, Calif. — MJW Investments has hired Dustin Young as Vice President of Asset Management. In his new role, Young will lead the Santa Monica, California-based company’s asset management initiatives, maximizing operational and financial performance while driving NOI and
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