SCOPE Brokers $13.3M Sale of Student Housing Community in Shippensburg, Pennsylvania
Scope Commercial Real Estate Services has brokered the $13.3 million sale of Maverick Apartments, a 480-bed student housing community located near Shippensburg University in southern-central Pennsylvania. The 10-building community recently underwent $1.5 million in capital improvements.
Keystone Financial Provides $39M Loan for Georgia Tech Student Housing Project
DEZHU, an Atlanta-based real estate development firm, has secured $39 million in construction financing to build a Class-A student housing development just south of Georgia Tech University, Commercial Observer can first report.
Student accommodation fever hits Glasgow city centre
Varsity Developments has submitted plans for a high-rise student tower on Waterloo Street, having previously mooted proposals for rental apartments and offices at the site.
Atom Bank partners with Assetz Capital amid growth
As part of a new partnership, specialist originator Assetz Capital will become a key introducer of commercial mortgage loan applications to Atom Bank. The mortgages cover all areas of commercial sectors including student accommodation.
Berkeley’s Southside neighborhood could get taller buildings to house more students
A push to rewrite zoning rules to allow more housing in practically all of Berkeley will focus this fall on the city’s densest neighborhood.
DR2H secures planning for Coventry PBSA scheme
Coventry-based developer DR2H has announced that its premium PBSA scheme recently secured planning permission through appeal. Situated nearby Cannon Park shopping centre and the University of Warwick campus, the new scheme will deliver 196 premium studios.
Sale of eight-storey 400-bed Beeston student block site completed
More than 400 studios are set to come to Beeston after Cassidy Group has completed its purchase of The Square site in the town.
Plans for student accommodation and new apartments in disused city centre site
Developers are looking to build a new block of student flats, and affordable apartments and create a new public realm on disused land in the city centre. Vita Group has drawn up proposals for the site on India Street to create a new 'thriving, connected community'.
Purpose-built student accommodation brought to market
A purpose-built student accommodation building in Worcester, which is already fully let for the next academic year, has been placed on the market. Fisher German is marketing Court Mews, which is located on Farrier Street and includes a total of 48 en-suite tooms divided across six self-contained units. It has a rental income of £302,400 per year.
SDCC eyes next step in ambitious affordable student housing project, as state funding shifts
It is the most ambitious effort to build affordable housing for community college students in San Diego County. But just how affordable it will be hinges on state legislators taking action later this month.
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