Philadelphia — Rittenhouse Realty Advisors has arranged the sale of five student housing properties located in the University City District of Philadelphia for a combined total of $20 million. Dispositions include 516-26 South 42nd St., 433-39 Lancaster Ave., 40 Baring,
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Philadelphia — CBRE has arranged the $8 million sale of N15, a 75-bed student housing complex serving Temple University in Philadelphia. Built in 2012, the 36-unit, four-story building was 99 percent occupied at the time of sale. Adrian Sam and
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State College, Pa. — Aspen Heights has broken ground on Aspen East Penn, a 651-bed student housing community located near the Penn State University campus in State College. The property will offer a mix of one-, two-, three-, four- and
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Philadelphia — Saint Joseph’s University has announced plans to offer Xfinity On Campus services for students living on the university’s campus in Philadelphia. Xfinity On Campus allows students to watch live television, on demand and recorded content on their IP-enabled devices,
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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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Kutztown, Pa. — JLL has negotiated the sale of Edge at Kutztown, a 552-bed student housing property serving students at Kutztown University of Pennsylvania, located roughly midway between Reading and Allentown. The sales price was $20.1 million. The property’s 184
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Willow Grove, Pa. — Rittenhouse Capital Advisors has secured $23.3 million in construction financing for a 264-bed student housing development near the Penn State Abington Campus in Willow Grove. The financing was sourced through a regional bank on behalf of
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State College, Pa. — University Partners has acquired HERE, a 755-bed student housing community located near the Pennsylvania State University campus in State College. The property was built in 2020 and offers one-, two- , three-, four- and five-bedroom units
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Willow Grove, Pa. — College Town Communities is set to break ground on a 132-unit student housing development near the Penn State Abington campus in Willow Grove. The 4-acre development site, located at 230 Fairhill Street, was recently acquired from
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Philadelphia — Rittenhouse Realty Advisors has arranged the sale of a 272-bed student housing portfolio in Philadelphia. The portfolio consists of five buildings totaling 106 units that serve the University of Pennsylvania, Drexel University and Temple University. The portfolio features a
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Pittsburgh — MultiVersity Housing Partners has acquired Union on 5th, a student housing community located near Duquesne University and the University of Pittsburgh, for an undisclosed price. The property offers two- and three-bedroom, fully furnished units. Renovations are planned for
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State College, Pa. — Toll Brothers Campus Living is set to open Phase I of The Yards at Old State, a 1,093-bed student housing development located near Pennsylvania State University in State College. The first phase of development will include
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