Summary:
- JLL Capital Markets facilitated the sale of Live on Hillsborough, a 203-unit, 376-bed student housing community near North Carolina State University in Raleigh, representing sellers TPG Angelo Gordon and Horizon Realty Advisors.
- The property, built between 2013 and 2019, consists of six buildings across two prime locations on Hillsborough Street, with 93% occupancy at the time of sale, underscoring strong demand in the student housing sector.
- JLL’s team highlighted North Carolina State University’s sustained enrollment growth and academic reputation as key drivers attracting institutional investment to quality student housing assets like Live on Hillsborough.
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