Lafayette, Ind. — Triad Real Estate Partners has arranged the $34 million sale of MARQ, a 110,075-square-foot community located near Purdue University in Lafayette. The 101-unit property offers shared amenities including a fitness center, resident lounge and a green roof
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West Lafayette, Ind. — Granite Student Living has acquired the property management division of Tempo Properties for an undisclosed price. Tempo’s third-party management platform serves a 900-bed portfolio of student housing properties located near Indiana University in Bloomington. “Bloomington is
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Athens, Ga. — Landmark Properties has unveiled plans to develop three new student housing projects totaling 2,544 beds across three states. The developments include The Standard at Philadelphia adjacent to the University of Pennsylvania and Drexel University; The Standard at
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Bloomington, Ind. — MultiVersity Housing Partners has acquired two student housing communities near the Indiana University campus in Bloomington for an undisclosed price. Acquisitions include 10 North and The Crest. Both properties were built in 2014 and offer studio, one-
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New Albany, Ind. — Berkadia has secured $8.9 million in acquisition financing for a 141-unit student housing property located near the Indiana University Southeast campus in New Albany. Jason Brown and Sam Orman of Berkadia secured the three-year bridge loan
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West Lafayette, Ind. — Blacksburg, Virginia-based Pointe West Management — a third-party operator serving a portfolio of 2,500 beds surrounding Virginia Tech University — has merged with Granite Student Living. West Lafayette-based Granite provides third-party management for a portfolio of
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Indianapolis — The Annex Group has announced plans to break ground on $445 million worth of new development projects in Montana, Washington, Iowa, Kansas, Michigan, Indiana, Oregon, North Carolina, Kentucky and Nebraska. Together, the projects will include 406 workforce housing
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South Bend, Ind. — An investment affiliate of Redstone Residential has acquired University Edge, a 528-bed student housing community located near the University of Notre Dame campus in South Bend, for $43 million. Kevin Larimer of Berkadia brokered the disposition of
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Bloomington, Ind. — Trinitas Ventures has broken ground on an 825-bed student housing community located near the Indiana University campus in Bloomington. The property will offer a mix of one-, two-, three- and four-bedroom units alongside communal amenities including a
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Indianapolis — Newmark has brokered the sale of The Avenue, a 358-bed student housing property near Indiana University-Purdue University Indianapolis (IUPUI). The asset features one-, two- and four-bedroom units with a variety of floor plans. The property sits on 3.4
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West Lafayette, Ind. — Two new residence halls have opened on the Purdue University campus in West Lafayette. Built by the university as part of a public-private partnership development with Plenary Properties Purdue, the two projects include Griffin Residence Hall
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Notre Dame, Ind. — TSB Capital Advisors has arranged the refinancing of a two-property, 555-bed student housing portfolio serving students attending the University of Notre Dame in Indiana. Properties include Irish Flats and Overlook at Notre Dame, both of which offer
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