In Case You Missed It: Top 5 Student Housing Stories
- Mar 19, 2019
A joint venture between Europa Capital and Generation Student held a first close after raising $132 million in new capital for the UK-focused fund.
HFF worked on behalf of the seller, FPA Multifamily, which acquired the asset in 2015 from AIG Global Real Estate. The community serves San Diego State University.
The firm’s Student Housing Group has arranged the sale of three communities in Texas and another in North Carolina, with equity from Saudi Arabia, the Asia-Pacific region and the U.S.
The partners purchased the 458-bed Paul St. East property in London’s Shoreditch neighborhood from Apache Capital for more than $210 million.
Located near the University of Texas, the 18-story Skyloft is fully occupied and is already 77 percent leased for the 2019-2020 academic year.