Summary:
- Vesper Holdings has acquired Yugo Louisville Nine, a 385-bed student housing community near the University of Louisville, expanding its presence in the student accommodation market.
- The property, renamed ‘The Nine,’ was developed in 2016 and features a range of unit sizes with bed-to-bath parity, alongside extensive amenities including a fitness center, study spaces, and recreational facilities.
- CBRE represented the seller in the transaction, while Berkadia’s Aaron Moll arranged acquisition financing for Vesper; financial terms of the deal were not disclosed.
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