US & Canada

Yarra, the student housing platform of Elysium Investments, has launched its first development in Guelph, Ontario, partnering with Lithuania’s 1 Asset Management. The project includes a 10-storey, 153-unit residence with approximately 550 beds near the University of Guelph, addressing a critical housing shortage amid rising enrolment.

Core Spaces has closed its flagship student housing fund, raising $1.6 billion from global investors. The fund closure, one of the largest capital raises in the sector, will continue to support the company’s expansion through new development and acquisitions across the U.S.

Marcus & Millichap completed the sale of Pine Rock Townhomes, a 30-unit student housing community in Hamden, CT, representing both seller and buyer in the transaction.

 Canyon Partners Real Estate LLC ("Canyon") announced that it has provided a senior loan to a joint venture between Kayne Anderson Real Estate ("Kayne Anderson") and LV Collective for the refinancing of Rambler Atlanta ("the Property"), a Class-A student housing community in Atlanta, GA. TSB Capital Advisors arranged the refinancing.

WinPBSA has launched the first sector-specific Menopause Best Practice Guide for the student accommodation industry, supported by two new anonymous surveys targeting leadership, HR, and employees to capture the impact of menopause on experienced female talent aged 35–55.

L3 Campus and Aureon Partners secured a $53.7 million refinancing for OnShore, a 210-unit, 636-bed student housing community near Embry-Riddle Aeronautical University in Daytona Beach, supporting continued investment in the property’s growth.

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.