US & Canada

The loan was closed through a life insurance company correspondent and included a 30-year amortization, locked rate at application, no escrows, no loan covenants, and partial recourse to the sponsors.

Pope & Land Real Estate has acquired 100 Midtown, a 118-unit, 330-bed luxury student housing community in Atlanta for $36.8 million, public records show. First Carolina Bank provided a 5-year, $29.4 million loan, according to the same source.

Purdue University Fort Wayne has entered a public-private partnership with Gilbane for the development of a 600-bed student housing community on the institution’s North Campus in Fort Wayne, Ind.

South Arkansas College in El Dorado will soon offer student housing and a new baseball stadium, thanks to a $10 million gift from Murphy Oil Corporation.

TSB Realty has brokered the sale of 100 Midtown, a 330-bed student housing community located near the Georgia Tech campus in Atlanta’s Midtown neighborhood. Pope & Land Real Estate purchased the property from an undisclosed seller.

The developers behind a planned project near The University of Texas at Dallas campus are looking to add more student housing. The school admits to be way behind housing demand for its 30,000 students.

The Supreme Court of California has ruled that UC Berkeley can build student housing on the historic People’s Park, dismissing a years-long case from plaintiffs who argued the university had violated environmental regulations in its planning process.

JLL has provided an undisclosed amount of acquisition financing for K14 Campus Flats, a student housing community located across the street from the University of Oregon campus in Eugene.

Oakland University (OU) and Oakland Community College (OCC) are collaborating on a pilot program that will allow OCC students to enjoy the benefits of living on the OU campus this fall while still taking classes at the nearby community college.

Purdue University Fort Wayne on Monday announced plans for a nearly $100 million apartment complex on the university’s North Campus. The project is part of a public-private partnership with construction and real estate development company Gilbane.