US & Canada

Dartmouth College buys property near campus for student housing

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Dartmouth College in Hanover, New Hampshire, has paid $23.5 million for four properties within walking distance of campus as part of a plan to substantially increase undergraduate housing.

Gilbane moves forward on 277-unit student housing complex in Tempe

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Gilbane Development has moved forward with plans to build a 277-unit apartment complex for Arizona State University students in Tempe, just east of Phoenix.

Subtext plans 15-story VERVE Tempe student housing in Tempe

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Subtext, a national student and multifamily housing developer, announced today that it will start construction at 1011 E. Orange St. in Tempe, Arizona for the development of VERVE Tempe, a 15-story student apartment community located within walking distance of the Arizona State University campus.

Alignvest Student Housing completes acquisition of two high-quality assets in Waterloo, Ontario

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Alignvest Student Housing REIT has completed the acquisition of two purpose-built student accommodation (“PBSA”) assets located at 252 and 254 Phillip Street, Waterloo, Ontario (known as “Hespler House” and “Fergus House”, respectively).

Core Spaces, TPG Partner To Build Luxury Student Housing Tower in Ann Arbor, Michigan

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Residential real estate developer Core Spaces and investment firm TPG have closed on a partnership deal for the construction of a luxury high-rise student housing development in Ann Arbor, Michigan as analyst expectations for the sector run high relative to its traditional multifamily peers.

Tailwind Buys 720-Bed Student Community in Kansas

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The Tailwind Group has acquired Reserve on West 31st, a 192-unit, 720-bed student housing community in Lawrence, Kan. Arizona State Retirement System previously owned the asset serving the University of Kansas, according to Yardi Matrix information.

Appalachian State Student Housing Trades for $91M

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Mapletree Investments has sold The Cottages of Boone, an 894-bed student housing community two miles from Appalachian State, in Boone, N.C. Timberline Real Estate Ventures acquired the asset for $91 million and took out a $79.4 million loan originated by Walton Street Capital.

Landmark JV Buys Land for 826-Bed Student Community

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A partnership between Landmark Properties and Peninsula U.S. has acquired a 67-acre site in Columbia, S.C. Plans call for the construction of a 197-unit, 826-bed student housing community.

Subtext Begins Development of 498-Bed Student Housing Property Near the University of Tennessee

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Subtext has started development of VERVE Knoxville, a 498-bed student housing property located at 1919 Lake Ave. adjacent to the University of Tennessee campus in Knoxville.

Scion JV Acquires 741-Bed Community in Atlanta

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A joint venture between The Scion Group and Brookfield Asset Management has acquired Reflection, a 741-bed, 247-unit student housing community in Atlanta, public records show. This marks Scion’s first property serving Georgia State University.
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