Summary:
- A joint venture of Greystar, University Enterprises Inc. and JLC Infrastructure has broken ground on Hornet Place, a 101-unit, 352-bed student housing project in Sacramento, California.
- The student community will serve California State University. Leasing is scheduled to begin in August next year, while completion is expected in April 2027.
- Greystar had more than 1 million rental units and student beds managed across the globe as of March. In Sacramento, the firm owns one more student property serving the same university, dubbed Hornet Commons.
Original article:
https://www.multihousingnews.com/greystar-jv-develops-sacramento-student-community/
