Student Housing
Joint Venture to Develop Two Student Housing Communities
Sterling University Housing and Specialized Real Estate Group have partnered to build two student housing developments in walking distance of the University of Arkansas in Fayetteville, Ark.
TODAY'S DEALS: Insight Buys Post Office, Plans 310-Unit Development
Insight Property Group buys a post office and plans a $75 million development; ARA sells a 600-bed asset serving North Carolina State University; and NorthMarq arranges a $20.2 million refi for a Chicago property at sub-4 percent interest rate.
Landmark Properties Bringing Cottage Development for University of Arizona Students
Landmark Properties has teamed with Harrison Street Real Estate Capital in constructing nearly $400 million in student housing in eight developments. Their ninth collaboration will be a 774-bed student cottage development at the University of Arizona.
TODAY'S DEALS: NorthMarq’s New Jersey Office Closes $158M Loan Package
NorthMarq’s New Jersey office closes a Freddie Mac CME loan package; HFF closes the sale of a value-add property; and Oculus Capital announces the second phase of a student housing development.
TODAY'S DEALS: American Campus Communities Begins Drexel University Project
American Campus Communities begins a $97.6 million mixed-use development at Drexel University; Marcus & Millichap lists a 137-unit asset in the Bay Area; and KeyBank provides $44 million in Freddie Mac funding for three communities.
Students Given Opportunity to Pay Rent Through Facebook
Campus Apartments now allows residents to pay rent on its online account portal SmartClick via Facebook Connect.
TODAY'S DEALS: Inland American Breaks Ground on Arizona Student Housing
Inland American Communities breaks ground on a 318-bed student housing community; EdR buys a collegiate housing asset in Oklahoma; and NorthMarq arranges a $19.2 million FHA-insured mortgage.
Finalists Selected for University of West Georgia Housing Facility
East Village Housing & Dining Phase II at the University of West Georgia has taken another step closer to realization with the selection of four short-list finalists for the development of the facility.
TODAY'S DEALS: HFF Lands $52M in Acquisition Financing for Texas Student Housing
HFF secures financing for two student housing acquisitions; and Tryko Partners nearly doubles its multifamily holdings in 2011.
TODAY'S DEALS: HFF Secures $56M Refi for San Diego Student Housing
HFF lands $56 million in refinancing for a student housing asset; a historic redevelopment moves forward in Quincy, Mass.; and Johnson Capital arranges 30 loans for over $225 million during the final weeks of December 2011.