US & Canada

American Development Corp. plans a $63 million redevelopment of Louisville’s Jefferson Education Center into a student housing complex with 431 beds, targeting Jefferson Community and Technical College students.

Developers plan to construct Rambler Northgate, a 24-story tower with over 300 units and 900 beds near Texas A&M University, marking the tallest building in College Station and addressing the local student housing shortage.

Western Kentucky University’s Board of Regents approved a $350 million public-private partnership with Gilbane Development Company to manage and revitalize the university’s residential portfolio, marking the largest investment in WKU’s history and aiming to modernize campus housing.

Knighthead Funding issued a $39.75 million first mortgage loan to refinance Stadium Crossing, a 226-unit, 734-bed student housing property in Bloomington, Indiana.

GSL has appointed Thiago Alves as Global Chief Revenue & Growth Officer to lead its international commercial performance and growth strategy, reflecting his key role in the company’s expansion over four years.

Landmark Properties closed its Landmark Sponsor Fund, LP at $300 million, surpassing the initial $200 million target, reinforcing its position as a leading developer in the U.S. student housing market.

Raintree Partners sold the Axiom Westwood portfolio, comprising 153 student-focused apartments across four buildings near UCLA, for $62.6 million. Institutional Property Advisors, part of Marcus & Millichap, brokered the deal with a private investor buyer, marking Westwood’s largest unit sale since 2020.

Philadelphia student-housing powerhouse Campus Apartments is trying to raise as much as $400 million in fresh capital, marketing a new private-equity vehicle aimed at funding development and acquisition projects around the country, CEO David Adelman said.

Florida State University announced a $374 million Northwest Campus Project to add 1,200 new student beds, a 765-seat dining hall, and nearly 1,000 parking spaces, aiming to expand its housing capacity to over 8,000 beds by 2030.

Suffolk Construction will manage a $1.2 billion student housing expansion at California Polytechnic State University, adding 3,600 new beds and renovating 1,200 existing beds across two buildings opening in 2026 and 2027 in San Luis Obispo.