Chicago — Renovations are underway on two buildings located at 5401 S. University Ave. and 5411-15 S. University Ave. near the University of Chicago campus. The 30-unit property was recently acquired by 5401 S. University LLC for $5.7 million. The
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Chicago — Harrison Street has partnered with the Center for Active Design (CfAD) to implement Fitwel certification across the company’s student housing, senior housing, medical office and life sciences portfolio. Fitwel was originally created by the U.S. Centers for Disease
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Chicago — CA Student Living has hired David Rose as executive vice president and head of institutional capital. Rose will play a crucial role in supporting the continued growth of the Chicago-based firm’s portfolio of purpose-built student housing assets by
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Chicago — Core Spaces has formed a joint venture partnership with two undisclosed international commercial real estate investment firms to acquire and operate a portfolio of student housing properties across the U.S. The joint venture has initially committed to acquiring over $1 billion of assets to establish the
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Chicago and Richardson, Texas — Chicago-based private equity firm Thoma Bravo has acquired RealPage (NASDAQ: RP), the Richardson, Texas-based provider of property management software, in a deal valued at $10.2 billion. The price tag includes the assumption of the debt of RealPage,
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Chicago — Core Spaces has hired Daniel Goldberg, a Wall Street veteran who most recently worked with Blackstone, to lead the company’s strategy and innovation. “As an accomplished and proven leader with expert knowledge in banking and the real estate
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DeKalb, Ill. — Triad Real Estate Partners has arranged the $7.7 million sale of Stadium View, a 384-bed student housing community located near Northern Illinois University in DeKalb. The community was built in three phases and consists of one-, two-
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Champaign, Ill. — GMH Capital Partners LP and AGC Equity Partners have acquired The Dean, a 672-bed student housing property in Champaign, for an undisclosed price. The seller, Core Spaces, completed development of the property this past summer. Spanning 240,737
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Chicago — QuadReal Property Group has acquired a 50 percent interest in CA Ventures’ U.S. student living platform for $1.6 billion. As of the first quarter, CA Student Living had delivered 55 communities totaling 33,706 beds, with 11,388 beds under
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Chicago — CA Ventures has completed the development of nine student housing communities totaling 3,867 beds. New openings include: Uncommon Auburn, a 610-bed community serving students attending Auburn University in Alabama; Uncommon Dinkytown, a 421-bed development located near the University
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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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