US & Canada

First United Methodist Church in Bloomington has signed a letter of intent with Chicago-based Core Spaces to sell its 1.6-acre downtown South Lot for $8.8 million, aiming to develop 350 to 400 student-oriented bedrooms.

Texas-based Dinerstein Cos. acquired the 119-unit, 475-bed 27 North student housing complex in downtown San Jose for $59.4 million, marking a significant addition to the Bay Area’s growing apartment investment activity.

Core Spaces completed six student housing developments totaling roughly 6,000 beds across Tier 1 university markets, including the University of Michigan, University of Colorado Boulder, and North Carolina State University, delivering all projects under budget and at least six weeks ahead of the 2026-2027 academic year move-in.

LV Collective and Kayne Anderson Real Estate completed Rambler Tempe, a 14-story, 552,380-square-foot purpose-built student housing property in Tempe, Arizona, serving Arizona State University students.

Subtext has acquired a site at 565 S. Limestone in Lexington to develop EVER Lexington, a 520-bed student housing community serving University of Kentucky students, in partnership with FrontRange Capital and Larson Capital Management.

Landmark Properties has completed The Standard at Los Angeles, a 1,261-bed student housing community located 0.3 miles from the University of Southern California, marking its second ground-up development in the city.

American Campus Communities is developing Crest on University, an 898-bed student housing complex at 12099 University Boulevard, adjacent to the University of Central Florida. The $85 million project began construction in 2025 and targets fall 2027 occupancy, offering a mix of furnished units and wellness-focused amenities.

Landmark Properties announced the initial closing of Landmark Realty Partners II, LP with $140 million in capital commitments, targeting $500 million total to pursue value-add acquisitions in the U.S. student housing sector, focusing on undercapitalized assets near large, selective universities.

Gilbane and Purdue University Fort Wayne completed Trace, a 213,000-square-foot student housing complex with 601 beds across 176 units near the university’s North Campus, expanding on-campus residential capacity to support enrollment growth.

In this updated instalment of our Inbound Insight series, we re-examine Nigerian student mobility - a market that has undergone profound structural shifts over...