Blacksburg, Va. — Coastal Ridge Real Estate has been awarded management of a 3,078-bed portfolio serving students attending Virginia Tech University in Blacksburg. The properties, which are owned by San Francisco-based Reliant Group, include Collegiate Suites & Hunters Ridge, Maple
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Blacksburg, Va. — Graystone Fund I (GFI) has acquired Hearthstone Apartments, a 158-bed multifamily portfolio located near the Virginia Tech campus in Blacksburg, for $16.9 million. The portfolio is 20 percent occupied by undergraduate students, with the rest of the units
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Blacksburg, Va. — Graystone Fund I (GFI) has acquired a 456-bed, 140-unit portfolio of student housing near the Virginia Tech University campus in Blacksburg for $33.8 million. The properties were previously owned and managed by BCR Property Management. GFI plans to
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Richmond, Va. — A joint venture between Balboa Real Estate Partners and The Opus Group has broken ground on Ascend Richmond, a 428-bed student housing community located near Virginia Commonwealth University in Richmond. The project will offer a mix of
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Harrisonburg, Va. — Campus Apartments has acquired Aspen Heights Harrisonburg, a 600-bed, cottage-style student housing community located near James Madison University. The property offers two-, three-, four- and five-bedroom units. Shared amenities include a 24-hour fitness center, computer lab, study
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Blacksburg, Va. — Eyzenberg & Co. has structured a ground-lease on behalf of Sturbridge Square LLC and procured Greystar to redevelop an 11.5-acre site near Virginia Tech University. The property — located at 1001 University City Blvd. one mile north
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Harrisonburg, Va. — Financial Federal Bank has provided a $38.7 million loan to refinance North 38 Apartments, a 228-unit student housing community near James Madison University (JMU) in Harrisonburg. The property was built in 2009 and offers 816 beds and fully
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Arlington, Va. — Marymount University has acquired The Rixey, a 267-unit conventional multifamily community located in the Ballston neighborhood of Arlington. The university plans to convert the property into a 502-bed, college-affiliated community offering apartment-style units for upperclassmen, graduate students,
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Williamsburg, Va. — A joint venture between Broad Street Realty, Bridger Corp. and Lamont Street Partners is set to break ground on a 240-unit mixed-use community located near The College of William & Mary. The community is part of the final
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Blacksburg, Va. — A joint venture between Core Spaces and Kayne Anderson Real Estate is set to break ground on Hub on Campus Blacksburg, a 1,530-bed student housing community serving students at Virginia Tech. The project will be delivered in
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Blacksburg, Va. — NorthMarq has arranged $16 million in construction financing for Park 37 Apartments, a 215-bed student housing community located near the Virginia Tech campus in Blacksburg. Mike Lowry of NorthMarq secured the loan through a regional bank on
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Virginia Beach. Va. — The Franklin Johnston Group and Virginia Wesleyan University (VWU) have broken ground on Coastal 61 at Oxford Village, a planned 244-unit community situated adjacent to the university. The development will be located on a vacant site
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