US & Canada

Berkadia completed the sale of The Forum at Sam Houston, a 450-bed garden-style student housing community in Huntsville, Texas, on behalf of seller Preiss, a North Carolina-based firm.

QX Global Group, a sector-led, technology-enabled knowledge process outsourcing (KPO) company backed by Long Ridge Equity Partners, today announced the appointment of Vijay Pahuja as Group Chief Executive Officer, effective immediately.

Aufgang Architects, Maddd Equities, and Stagg Group are developing a 12-story, 215,129-square-foot dormitory at 2740 Webster Avenue in The Bronx, designed to house 600 Fordham University students across 162 units, primarily multi-room suites, with completion targeted for July 2028.

JLL Capital Markets arranged a $176.6 million construction loan for The Place at Alafaya, a 1,395-bed student housing project near the University of Central Florida in Orlando, on behalf of borrower Beachwold Residential.

Northeastern University acquired full ownership of the 17-story East Village residence hall in Boston for $169 million, ending an 11-year lease with Phoenix Property Co., the original developer alongside Lincoln Property Co.

Affinius Capital LLC originated a $176.6 million construction loan to finance the development of Place at Alafaya Phase I & II, a 484-unit, 1,395-bed Class A student housing project near the University of Central Florida in Orlando, led by Beachwold Residential under Gideon Friedman.

A joint venture between Subtext and Appian Capital has obtained refinancing for VERVE Boise, a 547-bed student housing community in Boise, Idaho.

The University of Arizona has started construction on The Catalina, a nine-storey student residence set to house over 1,300 students, addressing rising demand as the university mandates on-campus living for first-year, full-time students from autumn 2026.

Leon Capital Group has closed approximately $19 million in structured equity investments to finance a multifamily development in New Hampshire and a student housing project in New York, expanding its real estate credit platform as it increases exposure to residential sectors supported by strong long-term demand.

Greystar, Penn State and JLC Infrastructure closed on University Drive, a student housing development at Pennsylvania State University.