The Collier Cos. has sold Seminole Grand, a 1,557-bed student housing community in Tallahassee, Fla., adjacent to Florida State University. FPA Multifamily paid $68 million for the property and assumed the $40.9 million outstanding balance of a 10-year $42.
https://www.multihousingnews.com/fpa-multifamily-pays-68m-for-florida-student-housing-community/