CBRE Arranges Sale of Cottage-Style Community Near the University of Oklahoma

Norman, Okla. — CBRE has arranged the sale of Aspen Heights Norman, a 684-bed cottage-style student housing community located near the University of Oklahoma in Norman. The Preiss Co. acquired the property from a joint venture between Safanad and Aspen Heights for an undisclosed price. Jaclyn Fitts, William Vonderfecht and Casey Schaefer of CBRE arranged the transaction on behalf of the seller. Built in 2015, the community offers units with bed-to-bath parity. Shared amenities include a clubhouse, fitness center, cardio and weight room, computer lab, study lounge, private study rooms, a sand volleyball court, dog park and outdoor grilling stations.