Amherst Student Housing Complex Sold for $41 Million

Summary:

  • An Amherst student housing complex was recently sold for $41.5 million to a real estate developer.
  • Villas on Rensch, which has more than 150 units and 600 beds, mostly serving University at Buffalo students, was sold last month to GRJ LLC, a New York City-based real estate developer. American Campus Communities was the previous owner of the complex.

Original article:

https://www.wivb.com/news/local-news/erie-county/amherst/amherst-student-housing-complex-sells-for-41-million/

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