Deals

In Case You Missed It: Top 5 Student Housing News

Catch up with some of our recent posts covering student housing, a hot real estate niche for investors globally.

Student Housing

American Landmark Acquires 282-Unit Houston Community

The Class A asset located in the South Main area is next to Interstate 610 and came online last year.

Market Rate

The Snavely Group Buys 32-Building Cleveland Asset

Willogrove encompasses 384 units and is located in the city’s Willoughby submarket. The sale involved a $21.4 million loan held by First National Bank of Pennsylvania.

Market Rate

Regions

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Avanath Buys Maryland Senior Community

Delivered in 2006, the 102-unit Victoria Park at Edgewater in Anne Arundel County traded for a little over $11.3 million.
Washington Dc 19 March 2019 14:11
Timberland Partners Expands Multifamily Portfolio

The transactions are the company’s fifth property in the St. Louis metro and first in the state of Arkansas.
St Louis 19 March 2019 12:47
Charlotte Community Trades for $46M

The 324-unit garden-style property changed hands with the help of a $31.2 million Freddie Mac acquisition loan arranged by Berkadia.
Charlotte 18 March 2019 17:50
JV Acquires Denver Portfolio for $177M

Oak Coast Properties and BMC Investments will rebrand the properties as a single community serving workforce renters. HFF arranged a $120 million Freddie Mac acquisition loan for the three assets.
Denver 18 March 2019 13:53
Freeman Webb Sells Nashville Apartments for $24M

NexBank provided the buyer with nearly $19 million in acquisition financing for the 192-unit multifamily asset in the East Nashville/Inglewood submarket.
Nashville Knoxville 18 March 2019 13:16
Alliance Residential Sells Luxury Phoenix Asset for $84M

The seller opened the 316-unit Class A community in summer 2018. Thrivent Financial provided the buyer with more than $50 million in acquisition financing.
Phoenix 18 March 2019 10:10
North FL Value-Add Apartments Sell for $13M

NorthMarq Capital originated more than $8 million in acquisition financing through Freddie Mac for the purchase of the 100-unit Class B asset.
Jacksonville 18 March 2019 10:04