NYU Acquires 35 Cooper Square NoHo Dormitory for $69M
New York University paid $69.2 million equivalent to $1,235/unit, to acquire a 13-story dormitory at 35 Cooper Square in NoHo from a partnership between Sherwood Equities and Bhatia Development Organization, reported the New York Business Journal.
Japanese-owned development firm looks to expand US student housing investments to $1 billion
National builder Deven Group is set to grow its student housing portfolio at top-tier colleges to over $1 billion over the next three years as rising enrollment at prestigious universities collides with a supply shortage and constrained construction schedule.
SAM, Virtus Acquire Student Housing Community Near University of Arkansas for $72.3M
A joint venture between Strategic Asset Management (SAM) and Virtus Real Estate Capital has acquired YOUnion@Fayetteville, a 589-bed student housing development located near the University of Arkansas campus in Fayetteville.
Harrison Street to develop new Kentucky student scheme with Greystar
Harrison Street has announced plans to develop a 344-unit/649-bed on-campus student housing facility at the University of Kentucky in partnership with Greystar Real Estate Partners.
JV Procures $73.3M Construction Loan for FSU Student Housing
Portman, 908 Group, Canyon Partners Real Estate and PTM Partners have partnered up to develop a student housing project (“The Hall”) on the Florida State University (“FSU”) campus across from Legacy Hall, the future home for the FSU College of Business.
Inland Private Capital Sells 512-Bed Student Housing Property in San Marcos, Texas
Illinois-based Inland Private Capital Corp. (IPC) has sold Uptown Square, a 512-bed student housing property located in the Central Texas city of San Marcos.
Core Spaces underway on student housing in North Carolina
Core Spaces has announced its first-ever project in Raleigh, North Carolina — Hub Raleigh, a 2,195-bed student housing property underway near the North Carolina State University main campus, according to a news release shared with Multifamily Dive.
Eby pledges $300M towards 1,508-bed, $560M student housing project at UBC
The British Columbia government and the University of B.C. will partner to create housing for more than 1,500 students at the institution’s Vancouver campus, in the province’s largest ever student housing investment, Premier David Eby said Tuesday.
Institutional Property Advisors Brokers Sale of 512-Bed Student Housing Asset in San Marcos Texas
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Uptown Square, a 316-unit, 512-bed, purpose-built student housing asset located adjacent to Texas State University (TXST) in San Marcos, Texas.
The Dot Group forms financing relationship with Blue Owl
Transformational leader in global student living – The Dot Group – has formed a strategic financing relationship with Blue Owl’s GP Strategic Capital platform, which provides minority equity and financing solutions to private capital managers.
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