Regions

Legacy Partners and PGIM acquired University Village, a 320-unit garden-style apartment community in Azusa, California, from Azusa Pacific University for $92 million, with plans to rebrand it as Citrus Place Apartments and open for leasing by September 2025.

The University of Oklahoma has opened McCasland Hall, a new 560-bed residence hall funded by a $10 million gift from the McCasland Foundation, marking the first phase of the university’s First-Year Housing Master Plan to modernize student living.

Private investment firm Ardian and living platform Rockfield have raised €550m of finance to spend on Purpose-Built Student Accommodation (PBSA). The money will be spent on future acquisitions, as well as refinancing current assets.

Cal Poly Pomona Enterprises (CPPE) acquired The Current, a 177-unit, 636-bed student housing community near campus, for $126 million to address a critical shortage of 1,761 beds identified in a 2023 housing demand assessment.

The proposal includes 510 new beds. Construction is scheduled for spring 2026, with a target completion date of September 2029, to welcome students.

Subtext has opened VERVE Ann Arbor, a new 12-story, 741-bed student housing development near the University of Michigan. Located at 721 South Forest Street, the 328,264-square-foot project includes 217 units ranging from studios to six-bedroom layouts.

A joint venture of Greystar, University Enterprises Inc. and JLC Infrastructure has broken ground on Hornet Place, a 101-unit, 352-bed student housing project in Sacramento, California.

MCR Property Group has acquired two former University of Hull student accommodation blocks, The Lawns and Ferens Hall in Cottingham, with plans for a multi-million-pound refurbishment and the addition of 90 new homes, aiming to reopen modern student housing by the next academic year.

Challenges posed by the rising cost of living are positioning Denmark as an increasingly attractive alternative to traditional study destinations, despite ongoing housing challenges. Higher...

Glasgow City Council has approved HP Invest’s plans for a mixed-use development in Tradeston, Glasgow, featuring 848 student accommodation units and 252 build-to-rent apartments across six buildings totaling around 750,000 sq ft.