Joint Venture Acquires 828-Bed Community Near Texas A&M

by Katie Sloan

College Station, Texas — A joint venture between Texla Housing Partners and a private equity real estate fund advised by Crow Holdings Capital has acquired University Trails. The 828-bed community offers one-, two-, three- and four-bedroom units serving students at Texas A&M University in College Station. Shared amenities include a resort-style swimming pool, hot tub, sand volleyball court, basketball court, two state-of-the-art fitness centers and a 24-hour study lounge and cafe. The joint venture plans to renovate the community’s interior, exterior and office/club building. A timeline for renovations was not announced. Ryan Lang, Brandon Buell and Jack Brett of Newmark Knight Frank brokered the transaction.

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