US & Canada

Alabama State University to build new student housing

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Alabama State University’s board of trustees has approved plans for two new student housing complexes to be built on campus. The approved housing consists of new residential apartment buildings on Forest Avenue and South University Drive.

Fresno State embarks on first new student housing project in over 50 years

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This fall Fresno State will break ground on a new affordable student housing project, the first major housing initiative at Fresno State since 1968. This project will add 228 apartment-style beds to the portfolio for Fresno State Student Housing. 

Alignvest Student Housing beefs up board

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Alignvest Student Housing REIT, the private real estate investment trust based in Toronto valued at $1.44 billion with a portfolio of nearly 7,200 beds, said it appointed Greg Kalil and William Young to its board.

Deven Group Targets $1B Student Housing Development Portfolio

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Orlando-based Development Ventures Group, also known as known as the Deven Group, plans to grow its student housing development portfolio to more than $1 billion worth of assets in the next three years.

NYU Acquires 35 Cooper Square NoHo Dormitory for $69M

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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

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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

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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

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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

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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

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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.
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