Missouri Student Housing Asset Changes Hands

The 428-bed community is the only privately owned purpose-built facility serving scholars at Washington University in St. Louis.
Everly on the Loop. Image courtesy of GMH Capital Partners

GMH Capital Partners and AGC Equity Partners have acquired Everly on the Loop, a 428-bed student housing community serving Washington University in St. Louis. The property at 6105 Delmar Blvd. is the only privately owned, purpose-building student housing property catering to the private research university in St. Louis, which has a total enrollment of more than 16,000.

The 14-story, off-campus property was developed by a partnership between Clayco, CRG, and Koman Group in 2017. Everly on the Loop measures 192,390 square feet and offers 209 units. The community’s one-, two- and three-bedroom units average 899 square feet and feature private bathrooms and upscale finishes. Amenities include a fitness center, yoga room and pool as well as entertainment spaces indoors and indoors. The community is served by a dedicated shuttle to and from the university’s Danforth campus during the academic year.

The property is located within the Delmar Loop neighborhood, just off the university’s North Campus and half a mile from the university’s Danforth Campus, with an array of restaurant, bar and retail offerings in the area.

In April, GMH opened a new 320-unit luxury community in Cranberry Township, Pa., near Pittsburgh.