Student Housing
TODAY'S DEALS: Vesper Completes 644-Bed Student Housing Acquisition
Vesper Holdings buys a student housing asset serving the University of Oklahoma; Marcus & Millichap completes a $29.5 million sale in Wisconsin; and Transwestern arranges the sale of a distressed 1,038-unit portfolio by the lender.
TODAY'S DEALS: Luxury Asset Breaks Ground at the University of North Texas
A new student housing development breaks ground at the University of North Texas; Beech Street closes a Fannie Mae loan for a 144-unit Bronx asset; and Jones Lang LaSalle completes a $28.5 million sale.
Six Things Both Parents and Students Want in Student Housing
When it comes to student housing, it might seem like students and parents want different things. But they are actually looking for a lot of the same things.
Rebranded Student Housing Wins National Awards
Distressed student housing no longer, WestMar Student Lofts in Atlanta recently won the 2011 Best Turnaround Project and 2011 Best Leasing and Marketing Program at the Student Housing Business Awards in Austin, Texas.
WKU Student Housing Wins Student Accolade Second Time
Student housing specialist Campus Suites has been picked twice by students as their favorite.
TODAY'S DEALS: MG Properties Buys Seattle Asset for $18.5M
MG Properties group buys a Seattle asset from an affiliate of Goodman Real Estate; Primedia completes its purchase of Rent.com; and Beech Street arranges a $10 million CMBS loan to refinance a student housing asset.
TODAY'S DEALS: Scion, Virtus Acquire Student Housing Community
HFF provides acquisition financing for a joint venture acquisition; Questar Properties opens a new 561-unit property in Anne Arundel County, Md.; and Centerline Capital provides a $11.6 million DUS facility for a student housing purchase.
TODAY'S DEALS: ARA Breaks State Record with Oklahoma Sale
ARA brokers a $77 million sale in Oklahoma; Hendricks & Partners negotiates a $38.5 million sale on behalf of TIC sellers; and Sterling University Housing sells a 122-unit community in Ohio.
Commission Approves Student Apartments
A city committee voted unanimously to grant final approval for a 65-unit development on West Dayton Street that would primarily provide a new apartment building for students.
College in South Carolina Gets Luxury Student Housing
New student housing is being developed near Coastal Carolina University in Conway, S.C. HighBridge Properties, a real estate advisory and brokerage firm, has been named as the exclusive advisor to market and sell the community.