Midwest
U of Kansas Boosts Student Housing Capacity
The four-building project will offer 1,238 beds serving the University of Kansas. This marks the company’s largest project and the first one in Kansas.
Transwestern Brokers Denver Community Deal
Jeff Sanders acquired the two apartment communities totaling 429 units for $30.9 million. They were built between the 1960s and 1970s and are located in improving areas close to downtown Denver.
XFD Unveils IL Student Housing Community
In partnership with Lewis & Clark Real Estate, the company debuted the 428-bed, mixed-use 212 East, located in Champaign, Ill. The community will serve the students of the University of Illinois.
Construction Begins on Cleveland Affordable Housing
Detroit Shoreway Community Development Organization is starting work on Aspen Place, a development in the Cleveland EcoVillage. The company plans to achieve a near-50 percent reduction in energy demand compared to minimum requirements.
Cush & Wake Brokers Sale of 294-Unit KY Community
Mike Kemether and Craig Collins of Cushman & Wakefield represented the seller, Stratford Asset Management Co., in the $25.5 million transaction. RealSource Properties acquired the property, Breckinridge Square.
Company Spotlight: Kiser Group
After a strong year, which translated into $144 million in closed transactions, principals Estella and Lee Kiser have decided to focus on company re-branding, culture and staff retention in 2017.
EdR Receives Approval for MS Project
The company, along with Mississippi State University, will move forward with College View, a 1,600-bed student housing campus to be constructed in two phases.
Top 10 Apartment Owners in Chicago
Chicago has a stable market, with more than 8,000 new units scheduled to come online this year. This list highlights the metro’s top private, REIT and institutional owners, based on unit counts, according to Yardi Matrix data.
Meridian Capital Secures $23M for Illinois Community
The equity and bridge financing was obtained on behalf of Odessa Partners and used for the purchase of Stratford Trails, a community in Glendale Heights, Ill. The buyer intends to upgrade the asset.
KTGY Unveils Student Housing Design in WI
Annex Student Living is developing Annex 71, a 140-unit community near the University of Wisconsin-Oshkosh, the state’s third largest school.