US & Canada

A national student housing owner and operator recently acquired two student apartment complexes near State College for a combined $74.3 million. California-based Pierce Education Properties purchased The Bryn, 601 Vairo Boulevard in Patton Township, for $40.1 million and Tremont Student Living, 201 Vairo Boulevard, for $34.2 million.

Syracuse University has received approvals from the Board of Trustees to convert the Sheraton Syracuse University Hotel & Conference Center into a nearly 400-bed, on-campus student community. Development will begin in May 2024 and is slated for completion in fall the same year.

C.W. Driver Companies has begun construction on a 198-bed student housing complex at California State University, Northridge (CSUN). Once completed for opening in Fall 2025, the $55.7-million project will add two four-story buildings, which will include housing, engagement spaces, student lounges, and space for large-scale programming, to the 365-acre campus.

San José State University and Throckmorton Partners have announced a landmark partnership to significantly expand the university’s undergraduate housing inventory. SJSU is embarking on the Bay Area’s largest post-pandemic conversion of a downtown commercial property to student residential housing.

Harrison Street's Canada Alternative Real Estate Fund has acquired two student housing properties in Kingston which cater to Queen’s University students. The properties — 168 Division St. and 14 Garrett St. — were completed in 2022 and total 53 units and 145 beds. All the units are occupied.

The Florida Board of Governors has given the green light to Florida A&M University‘s (FAMU) proposal to construct a state-of-the-art on-campus residence with 700 beds.

Landmark acquired 20 adjacent parcels in Tallahassee in its bid to build a sprawling 859-bed luxury student housing project. The properties ranged in size from .03 to .73 acres. That amounted to a 3.44-acre unique parcel.

The Madison Plan Commission voted unanimously to support a proposal from nationally known student-housing developer Core Spaces to build the 465-unit student housing development near the University of Wisconsin campus.

CBRE has arranged the sale of Spinner Place, a 308-bed student housing community located near the University of Vermont in Winooski. The community offers shared amenities including a media room, fitness center and recreation room.

Housr, the proptech start-up described as the Tinder for student housing, has matched with a new PR agency. The Manchester-based student living company, will be working with PR Agency One to raise its profile on both sides of the Atlantic.