Chicago — Chicago-based Triad Real Estate Partners has arranged the sale of three student housing properties located in Alabama, South Carolina and Indiana.
Dispositions include Hillside Commons, a 278-bed community located near the University of Alabama in Tuscaloosa; Pulaski Square, a 120-bed student housing community located near the University of South Carolina in Columbia; and Ethos, a 477-bed community under development near Indiana University in Bloomington.
Hillside Commons was acquired by College Town Communities, which plans to significantly renovate the property. Walk2Campus acquired Pulaski Square in South Carolina and The Tailwind Group acquired Ethos in Indiana. The sellers and terms of each transaction were undisclosed.