US & Canada

Rael Development Corp. has started construction on Charme on Georgia Ave., a 250-unit, 636-bed student housing project in Statesboro, Ga., according to Grice Connect. Scheduled to come online next fall, the $61 million development will serve the Georgia Southern University.

In a deal that immediately adds as many as 890 beds to the university’s student housing stock, the University of Toronto has purchased a 20 per cent stake in the privately owned CampusOne residence located adjacent to the St. George campus.

Landmark Properties has begun construction on The Standard at Los Angeles, located at 3900 S Figueroa St. a few blocks south of the University of Southern California (USC) campus in Los Angeles.

Construction of the newest student living complex adjacent to the Georgia Southern University’s campus is underway at the former University Plaza, across from Dingus MaGee’s and Centennial Place.

Texas State University students will soon have a new place to call home after the university purchased $151 million in apartment complexes. The downtown San Marcos apartments were purchased as a way to alleviate housing availability issues.

Florida A&M’s 700-bed student housing project is continuing to move forward. The university announced on Tuesday they signed a $97.5 million 30-year federal loan to assist with financing the housing project, which was approved in November.

Greystar was selected, along with the development firm’s nonprofit partner, Provident Resources Group, by the University of Washington’s Board of Regents to lease four University-owned student housing properties.

The recent announcement by the Canadian government to impose a cap on international student visas has brought the issue of Canada’s student housing shortage under...

Walker & Dunlop, Inc. has funded a new $380,000,000 credit facility for the refinance of 11 student housing properties on behalf of a joint venture lead by The Scion Group LLC ("Scion"). Scion is the largest owner/operator of off-campus student housing communities globally with over 80,000 beds in their portfolio.

A private student-housing developer purchased the 72-room hotel for $13.3 million last week in a deal two years in the making, hotel broker NewGen Advisory tells Axios Phoenix. The 1.4-acre lot will be revamped into a "state of the art" rental property with 479 bedrooms.