Atlanta — Preferred Apartment Communities has entered into an agreement to sell its 6,095-bed student housing portfolio to TPG Real Estate Partners (TREP) for $478.7 million. The Atlanta-based company’s portfolio includes eight communities in Arizona, Florida, Georgia, North Carolina and
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Austin, Texas — Campus Life & Style (CLS) — the property management arm of Vesper Holdings — has been awarded management of three student housing communities totaling 1,558 beds. The new properties under management are owned by Campus Realty Advisors
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Athens, Ga. — Landmark Properties is set to begin construction on four new student housing developments totaling $800 million. New projects include: The Standard at Ann Arbor, a mid-rise project serving students attending the University of Michigan; The Retreat on
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Statesboro, Ga. — Colliers International has arranged the sale of Cottage Row, a 1,087-bed student housing community located near the Georgia Southern University campus in Statesboro. Rialto Capital Advisors sold the property to a joint venture between XFD Real Estate
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Atlanta — Preferred Apartment Communities has selected CBRE to market its 6,095-bed student housing portfolio, valued at $480 million. Properties for sale include: Knightshade (also known as The Retreat at Orlando), an 894-bed community serving the University of Central Florida;
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Statesboro, Ga. — Berkadia has arranged the sale of and financing for 111 South, a 709-bed student housing community located near Georgia Southern Unversity in Statesboro. Kevin Larimer, Greg Gonzalez and Judy MacManus of Berkadia arranged the sale on behalf
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Atlanta — A joint venture between The Preiss Co. and Investcorp has acquired Signature West Midtown, a 525-bed student housing community located near the Georgia Tech campus in Atlanta. The property offers one-, two-, three-, four- and five-bedroom units with
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Savannah, Ga. — FourPoint Investment Sales Partners has arranged the sale of The Hue, a 446-bed student housing community located near the Savannah College of Art and Design. The property offers shared amenities including a resort-style swimming pool, sundeck, fitness
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Carrollton, Ga. — Construction is underway on Bellamy Carrollton Student Apartments near the University of West Georgia in Carrollton. The property is being developed by Mallory & Evans Development and is scheduled for completion in fall 2020. The community will offer
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Atlanta — Peak Campus has acquired Caliber Living, the multifamily and student housing management arm of Mallory & Evans Cos. Properties previously operating under Caliber Living’s student housing platform will now operate under the Peak Campus brand, a move which
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Athens, Ga. — Stratus Development Group has broken ground on The Haven of Athens, a 286-bed student housing community located one and a half miles from the University of Georgia’s main campus in Athens. The development will offer two-, three-,
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Atlanta — Campus Realty Advisors, in a joint venture with Realiance and T2 Capital Management, has broken ground on a 532-bed student housing community located near Georgia Tech in Atlanta. The property — to be named Catalyst — will offer
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