Austin, Texas— American Campus Communities (ACC) has announced financial results for the quarter ended June 30. The Austin, Texas-based company reported a net loss of $9.4 million or $0.07 per fully diluted share, versus a net loss of $13.3 million
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Lubbock, Texas — University Partners has been awarded management of The Carlton House, a 446-bed student housing development located near the Texas Tech University campus in Lubbock, by Treemont Partners with the assistance of consulting group Chambers Real Estate Advisors.
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Austin, Texas — In 2020, the COVID-19 pandemic brought an unexpected interruption to the student housing investment sales market. Following a strong leasing season for fall 2021, executives are seeing increased interest from buyers and sellers in the space, leading
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Austin, Texas — National Campus and Community Development has hired Caroline Oakes as vice president. Oakes has held corporate trustee positions with a number of banks over the past 30 years, and offers a background in tax-exempt financing projects and
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Austin, Texas — Wednesday evening, July 14, Student Housing Business presented 25 prestigious Innovator Awards to student housing owners, developers, operators, architecture firms and universities for excellence in student housing development, marketing and operations. More than 100 industry experts judged on more than 140
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Austin, Texas — Moving toward the start of a fresh academic year, the outlook for the student housing industry keeps getting brighter. A testament to the industry’s movement out of the pandemic is taking place at the InterFace Student Housing
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Dallas — Newmark has hired Ben Roelke as executive managing director and Ian Walker as senior managing director of the firm’s student housing debt and structured finance group. Roelke and Walker will be based in Newmark’s Dallas office and will
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Austin, Texas — CA Student Living has been awarded management of Noble 2500, a 248-bed community serving students attending the University of Texas at Austin. The property is being developed by WGC Partners and is expected to open in fall
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Houston — Medistar Corp. and partner Healthcare Trust of America have topped out construction of Life Tower, a 714-bed student housing building that is part of the new three-tower Texas A&M Innovation Plaza campus in Houston. The project is transit-connected
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Austin, Texas — Newmark has brokered the sale of Rio West, a 384-bed student housing community located less than a quarter of a mile from the University of Texas at Austin’s campus. The property offers a private parking garage, onsite
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Southlake, Texas — The Texas Student Housing Authority has filed for Chapter 9 bankruptcy protection with the Bankruptcy Court for the Northern District of Texas, according to reports by Bloomberg. The not-for-profit, state-chartered corporation listed assets between $1 million to
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College Station, Texas and Charleston, S.C. — Homestead U and Columbus Pacific have acquired three student housing properties located in Texas and South Carolina. Acquisitions include 2818 and Parkway Place, two sister communities totaling 1,124 beds near the Texas A&M
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