US & Canada

The Collegiate Housing and Infrastructure Act of 2023 was introduced to improve the affordability and safety of student housing. If signed, the act would update the tax code to enable not-for-profit student housing organizations to use tax-deductible donations to build, maintain, or improve student housing, according to a release from Wenstrup.

Despite a turbulent capital markets climate, Champion Real Estate has secured a $40.5 million refinance of University Village Fullerton, a 121-unit, 427-bed student housing property in Fullerton, CA.

Purdue University trustees on Friday (April 14) approved a resolution confirming their support for development by the Purdue Research Foundation of a close to 1,000-bed student housing project at Third Street and McCormick Road in West Lafayette.

Core Spaces, the luxury student housing developer for the Hub and Oliv near campus, proposed two new developments in downtown Madison in March.

Western University is planning to build two residences on-campus to accommodate thousands of potential new students expected to enroll within the next seven years. London is facing a housing crisis impacting residents and students alike, with few units available at affordable prices.

Trent University has leased property for Residence Development Corporation (RDC) to build and operate an upper-year student housing building with approximately 215 beds near the Symons Campus in Peterborough announced on Wednesday.

Chicago-based CA Ventures is moving forward with a proposed 25-story, 221-unit student housing project in the University District of Seattle. Located at 1205 NE 50th St., the site was purchased by CA Ventures in late 2021 for $16.5 million.

A Texas-based private real estate investment and development firm recently purchased a 240-unit student housing complex in Columbia. Dallas-based RREAF Holdings has acquired Rivers Edge at Carolina Stadium, which houses students from the University of South Carolina.

Augustana University is planning to build a four-story mixed-use building with student housing and some administrative offices near 28th Street and Grange Avenue.

Luxury student housing developer Core Spaces hopes to further expand its footprint in downtown Madison with the addition of two more buildings.