Wes Rogers on upcoming projects, industry challenges and expectations.
Newmark arranged $77.3 million in acquisition financing through a life company lender.
Completed in 2020, the property provides easy access to the University of Florida.
The acquisition marks Champion’s first student housing community in the state and will available to Wake Forest University students.
Designed by WDG architects, the property will include more than 15,000 square feet of amenity space focused on student well-being.
Total development costs are estimated at $450 million.
The community will host as many as 400 residents in both single and family configurations.
The property serves the students at the University of Akron.