Regions

Centaline Investment Management (CIM) has appointed Turner & Townsend to manage the conversion of the 17-storey Regal Oriental Hotel in Kowloon City into a student accommodation facility, following CIM’s HK$1.52 billion acquisition of the property from Regal REIT.

Northeastern University acquired full ownership of the 17-story East Village residence hall in Boston for $169 million, ending an 11-year lease with Phoenix Property Co., the original developer alongside Lincoln Property Co.

Affinius Capital LLC originated a $176.6 million construction loan to finance the development of Place at Alafaya Phase I & II, a 484-unit, 1,395-bed Class A student housing project near the University of Central Florida in Orlando, led by Beachwold Residential under Gideon Friedman.

A joint venture between Subtext and Appian Capital has obtained refinancing for VERVE Boise, a 547-bed student housing community in Boise, Idaho.

Pohl Immobilien has opened Camplus Brescia Lamarmora, a sustainable university hall of residence in Brescia offering 252 beds across 187 rooms, featuring en-suite bathrooms, kitchens, and extensive communal facilities designed for modern student living.

Aviva Investors has provided €33 million in financing for two PBSA developments in Valencia, Spain, delivering 342 beds through a joint venture with Amro Partners and Invesco, addressing a critical accommodation shortage in a key student market.

The University of Arizona has started construction on The Catalina, a nine-storey student residence set to house over 1,300 students, addressing rising demand as the university mandates on-campus living for first-year, full-time students from autumn 2026.

Charles Darwin University has commenced construction on a 352-bed purpose-built student accommodation (PBSA) development at its Danala campus in Darwin CBD, managed by Campus Living Villages, with completion expected in late 2028.

The University of Southampton and Aspire Consortium have submitted plans to redevelop the vacant South Stoneham House and Connaught Halls site in Swaythling, proposing 292 new student studios and 816 bedspaces across multiple new buildings within the Itchen Valley Conservation Area.

Leon Capital Group has closed approximately $19 million in structured equity investments to finance a multifamily development in New Hampshire and a student housing project in New York, expanding its real estate credit platform as it increases exposure to residential sectors supported by strong long-term demand.