Northstar REIS Facilitates $44.5M Sale of Student Housing Near James Madison University

Summary:

  • Northstar REIS facilitated the $44.5 million sale of Squire Hill Apartments, a 504-bed student housing community near James Madison University in Harrisonburg, Virginia.
  • The transaction involved North Beacon Capital as the buyer and The Michaels Organization as the seller, with Jack Stead representing both parties.
  • Squire Hill features 189 units with multiple bedroom configurations and amenities tailored for student living, including a fitness center, resort-style pool, study areas, and communal spaces.

Original article:

https://rebusinessonline.com/northstar-reis-arranges-44-5m-sale-of-student-housing-community-near-james-madison-university/

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