Los Angeles — A public-private partnership between American Campus Communities and the University of Southern California (USC) has completed a second phase of student housing development. The residence hall is located at 1630 San Pablo St. near the university’s Curry
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Santa Monica, Calif. — MJW Investments has hired Natalie Greenberg to the role of chief operating officer. As COO, Greenberg will oversee the functions of acquisitions, asset management, marketing, investor relations, human resources and capital markets. She will also be
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Costa Mesa, Calif. — A public-private partnership between Orange Coast College and Servitas has completed the construction of a $123 million residence hall on the college’s campus in Costa Mesa. Named The Harbour, the 321,105-square-foot development offers 823 beds in
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Berkeley, Calif. — A joint venture between WEST Builders and Spectrum Partners has completed The Enclave, a 253-bed student housing community master leased to the University of California, Berkeley. The property offers shared amenities including retail space occupied by a
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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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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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Long Beach, Calif. — The California State University system has announced that classes will primarily be delivered virtually for the fall 2020 semester, with limited exceptions for in-person teaching, learning and research activities that cannot be delivered virtually. These activities will only
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Santa Barbara, Calif. — CBRE has arranged an $18.5 million loan for The Hive Isla Vista, a five-property student housing portfolio near the campus of University of California, Santa Barbara. Brad Wilmot of CBRE’s Los Angeles office secured the floating-rate loan with a
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Los Angeles — Champion Real Estate Co. has purchased a student housing community located at 2353 Portland St. in Los Angeles. Century Park sold the asset for $14.1 million. Champion plans to renovate the property, which was built in 1964, and
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Davis, Calif. — Landmark Properties has acquired Sol at West Village, a 2,289-bed, mixed-use student housing community serving the University of California, Davis, for approximately $446.7 million. The transaction is the largest single-asset sale to date in the student housing sector,
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Chico, Calif. — CBRE has arranged the sale of Campus Walk, a 174-bed student housing community serving California State University, Chico. NB Private Capital purchased the property from Dallas-based Fountain Residential Partners for an undisclosed price. Jaclyn Fitts, William Vonderfecht,
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Davis, Calif. — HighBridge Properties has sold Lincoln40 — a 706-bed student housing community currently under development near the University of California, Davis — to Grand Peaks Properties for an undisclosed price. HighBridge began construction on the community last fall,
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