Regions

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.

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.

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.

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, 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 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.

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.

Just west of its campus in Westwood, UCLA has started work on its latest student housing project: the redevelopment of the Gayley Towers apartments.

Developer SAV Group have announced that planning has been granted to alter its existing Louise House PBSA development in Victoria, London. Located on 33 Medway Street, Louise House is an unlisted building at the junction with Arneway Street.

Greystar has sold Hale Mahana, a 191-unit, 589-bed student housing community in Honolulu. A joint venture between Timberline Real Estate Ventures and an Ares Management Real Estate Fund purchased the property.