Landmark JV Completes Michigan Student Community

Summary:

  • The joint venture between Landmark Properties and Cerca Trova has delivered The Legacy at Ann Arbor, a 521-bed student housing community in Ann Arbor, Michigan.
  • The developers took out a $110 million construction loan from Nationwide in 2022 and broke ground on the project that same year, according to Yardi Matrix information. The property is fully leased for the 2025-2026 academic year.
  • The unit mix comprises studio to five-bedroom floorplans with in-unit laundry facilities, while select layouts also have private balconies or patios. A total of 16 units are reserved as affordable.

Original article:

https://www.multihousingnews.com/landmark-jv-completes-michigan-student-community/

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