Summary:
- Core Spaces has acquired The Collective at Columbia, a 972-bed student housing community serving the University of Missouri in Columbia, Mo.
- The company purchased the asset from The Preiss Co. and a real estate fund advised by Crow Holdings Capital. This is Core Spaces’ first acquisition in Missouri. A sale price was not disclosed.
- Preiss previously purchased the 318-unit development from Aspen Square Management in 2024 for $73 million, Yardi Matrix shows. Residences at the community include two- to four-bedroom townhomes equipped with in-unit laundry, as well as patios and balconies available in select units.
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