Downing submits 430-bed London student scheme
Hybrid developer and contractor Downing has submitted plans for a 430-bed student accommodation and commercial scheme in South London. The Liverpool-based firm plans to transform a brownfield site at 2 Armoury Way in Wandsworth with two 10-storey towers.
Emet Gets $54M Refi for Philly Student Community
Emet Capital Management has obtained $54.3 million in refinancing for The Avery, a 240-unit, 796-bed student housing community in Philadelphia serving the Temple University. BridgeInvest provided the loan.
IC acquires Hamburg student housing facility
Student accommodation specialist International Campus Group has completed the acquisition of Havens Living and the Fizz, a two-part apartment scheme with 700 apartments and separate entranceways for its residential formats.
Harrison Street raises $2.5B for student housing, data centers
Chicago-based Harrison Street Capital Partners is betting on student housing, senior housing and data centers. And investors are taking notice. The firm closed a $2.5 billion investment fund dedicated to those in-demand asset classes last month, with 70 percent of the capital already deployed.
Student switch tabled following hard-won Otago Lane flats consent
New student housing plans have emerged for a contentious gap site in Glasgow's West End following a hard-won planning consent for residential apartments obtained last year.
Northampton student accommodation scheme gains permission
Proposals for a student accommodation facility on the site of a Northampton car park have been approved. Proposals involve the construction of a four- and five-storey structure comprising 101 bed spaces.
Optimal Student secures planning for Braemar House PBSA
Edinburgh-based Optimal Student has announced that its proposals to develop its £2.7m Braemar House purpose-built student accommodation (PBSA) development have been approved. Optimal Student submitted the PBSA plans for the former office building site at 267 Union Street in Aberdeen last year.
Vesper Holdings Expands its Student Housing Portfolio in Texas with Acquisition of Midtown 905
Vesper Holdings, a privately-held real estate investment firm based in New York City, is pleased to announce its latest acquisition - Midtown 905 located near the University of North Texas. The property is Vesper’s fifth acquisition in the Denton market.
JLL Capital Markets facilitates financing for prime student housing in San Marcos
JLL Capital Markets announced that it has successfully secured refinancing for The Timbers, a 155-unit, 253-bed student housing complex in San Marcos, Texas. JLL worked on behalf of the borrower, Orion Real Estate Partners, to arrange the loan through Freddie Mac.
Poland Develia expands into student housing
Develia has signed a letter of intent with Innova Capital and Solida Capital to develop student housing through an investment fund. Develia’s stake in the project, which will result in the construction of several buildings providing a total of 6,000 beds, will amount to up to 10 pct of the capital commitment at the fund level.