Regions

Capstone Development Partners, a leader in the on-campus student housing development industry, today announced the hiring of Mike Polzin as Vice President of Operations of its property management subsidiary, Capstone Management Partners, which provides facility maintenance, asset management and related services for on-campus and university affiliated student housing.

The District of North Vancouver has approved 315 rental homes, just off campus from Capilano University, half of which will be exclusively for students, faculty and staff.

The apartment building, which is a half mile from Syracuse University's campus, will include a variety of studio and four-bedroom units, as well as various outdoor and indoor amenities. The construction is anticipated to take 18 months.

Plans have been filed with the City of Long Beach to convert the landmark seven story Park Tower in East Long Beach into student housing. The adaptive reuse of the 119,287 square feet office building is a private development not associated with California State University at Long Beach.

The University of Manchester has appointed three professional services consultancies to consult on a major investment and development strategy for its student accommodation.

Two student accommodation towers have been added to the Melbourne CBD with the completion of work on the joint-venture projects by CBRE Investment Management and developer Cedar Pacific’s Accommodation Trust.

Specialist finance provider Assetz Capital have originated their largest funding package to date – a £13.26m development facility to experienced student accommodation developers in the East Midlands.

Developers have started demolition on several vacant apartment buildings, houses and empty commercial structures to make way for a 648-bed student apartment complex with first floor commercial space at the corner of Myrtle Avenue and South Riverside Drive in Iowa City.

The investor in the Kraków dormitory is the European Student Housing Fund, managed by I Asset Management (IAM). The fund says it will invest more than EUR 30 mln in the project. The building will be managed by operator CRM Students.

A planning application for a student accommodation development in Bishopstown that received over 130 submissions and objections has been granted conditional planning permission.