Core Spaces Helming 2,195-Bed Housing Property Near NC State
Core Spaces and TPG Real Estate are co-developing the Hub Raleigh, a 665-unit, 2,195-bed student housing property in Raleigh, N.C. near the North Carolina State University (“NC State”) main campus.
Blacklight secures £33m from AIB to refinance Limelight PBSA
Blacklight Capital Partners has secured a £33m senior debt facility from Allied Irish Bank (AIB) to refinance Limelight, its newly-developed PBSA asset in central Liverpool.
$30M student housing development financing secured in Berkeley
JLL Capital Markets announced today that it has secured a $30 million construction financing for The Northside, a 73-unit student housing project at 1752 Shattuck in Berkeley, California.
New University of Maryland graduate student housing could help local economy
University of Maryland (UMD) graduate students will have a new housing option when the college’s planned Leonardtown apartments become available near downtown College Park in two years.
Kexgill Group completes refinancing deal with Aldermore
Purpose-built student accommodation (PBSA) provider, the Kexgill Group, has completed a refinance deal with Aldermore Bank. The agreement was supported by Andrew Jackson Solicitors, their legal advice was provided by a multidisciplinary team of senior members of the practice.
Bridgeview Real Estate launches $27M student housing DST
Bridgeview Real Estate, a Delaware statutory trust sponsor company and developer, has launched a $27.2 million DST offering fueled by high-barrier-to-entry student housing projects at Texas Christian University and University of Texas at Arlington.
Bowmer and Kirkland secures 330-bed Bristol PBSA
Bowmer and Kirkland have been selected as the main contractor for a purpose-built student accommodation (PBSA) in Bristol. Canada Life Asset Management, in partnership with the University of West England, secured planning permission for the development.
McLaren Construction appoints Managing Director
McLaren Construction has appointed Vince Lydon as Managing Director to lead its new Construction Management and Specialist Projects division. He has joined from Sir Robert McAlpine to focus on large-scale real estate and public sector projects.
Sacramento State to begin construction on new student housing building that will provide affordable...
Construction will begin this October on Student Housing III, a five-story, 97,100 square-foot facility that will feature 285 affordable and 40 standard-rate beds. The building is scheduled to open in June 2026.
Purdue board OKs $28M lease for Indiana Avenue student housing
Purdue University will lease apartments in a massive new development on Indiana Avenue to house 427 students from its new Indianapolis campus. The university’s board of trustees approved the $28-million, five-year lease at a meeting August 2nd.