Regions

New Growth Living has obtained a $53 million refinancing loan for Tanzanite Homes, a 211-unit built-to-rent community in Sacramento, Calif., according to Yardi Matrix information. Lument provided the note, which is due 2029.

Wee Hur Holdings has secured an unconditional option to acquire a site at 35-51 Nicholson Street in Wollstonecraft, Sydney for an undisclosed amount.

Watkin Jones has been appointed by developer Jadebricks to construct a 15-storey, 107-studio student accommodation building on Charles Street, Manchester, targeting completion before the 2028/29 academic year.

Marprop has lodged plans for a $55m co-living development that would provide 223 homes in West Perth. The Sydney-based investor is progressing the project through Hay Mayfair Pty Ltd at 1202 Hay Street, approximately one kilometre west of Perth CBD.

Invesco Real Estate has launched a purpose-built student accommodation (PBSA) platform in Seoul, starting with five assets near Korea University that will provide over 400 beds across 80,000 square feet, targeting affordable housing for domestic students.

The Spanish government will approve a €45 million funding package to develop nearly 2,000 new student housing places across seven public university projects, addressing accommodation shortages nationwide.

Akara Partners and Deven Group have secured construction financing and equity for 5077 College Ave., a Class A purpose-built student housing project adjacent to San Diego State University, with construction starting immediately and delivery planned for the 2028–29 academic year.

Wee Hur Holdings Ltd has secured a contract from Nanyang Technological University (NTU) Singapore to design, build, finance, operate, and maintain a new purpose-built student accommodation (PBSA) facility with approximately 1,398 beds at NTU’s Yunnan Campus.

A Dubai-based developer has secured a £238m loan to build a purpose-built student accommodation (PBSA) scheme in Southwark, south London.

Curlew Capital has secured planning consent for a 123-bed purpose-built student accommodation scheme at Britannia Street Car Park, King’s Cross, marking the redevelopment of a site vacant since the 1970s in London’s Knowledge Quarter.