Joint Venture Acquires Two Student Housing Communities in Texas

by Katie Sloan

Austin and Lubbock, Texas — A joint venture between TEXLA Housing Partners, Southeast Apartment Investors and a private real estate fund advised by Crow Holdings Capital has acquired two student housing communities in Texas.

Acquisitions include Thrive Lubbock, a 744-bed community located near Texas Tech University in Lubbock; and 21 Pearl, a 272-bed community located near the University of Texas at Austin. Multi-million dollar interior and exterior upgrades are planned for both properties. An affiliate of TEXLA will operate the communities. 

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