US & Canada

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.

The Treo Group’s 117-unit student housing project near the University of Miami has secured rezoning, moving the six-storey Red Road development closer to permitting.

For decades, the journey of choosing a university was relatively predictable: general web searches, prospectuses, league tables and perhaps an open day to help...