US & Canada

McCarthy Building Companies, Inc. broke ground on the $285-million, 424,000 square-foot North District Phase 2 Student Housing Development at University of California, Riverside (UCR).

Record enrollment and high demand for on-campus housing has led to the planning for the next phase of residence hall construction on campus with the Board of Trustees also approving a plan to seek legislative authority for the construction of Phase IV of the university’s student housing project that began in 2011.

A total of 489 additional student resident suites are being proposed as the next stage of development on the former Holiday Inn site on Scottsdale Drive. The location already has an existing privately-run student housing building that contains 164 suites.

TSB Realty, LLC successfully completed the sale of The Academy on Charles, a 106-unit, 328-bed student housing property located immediately adjacent to Johns Hopkins University’s Homewood campus in Baltimore, Maryland. GMH Communities sold the property to an undisclosed buyer.

New apartment-style student housing is planned for the University of Memphis campus in the fall of 2026 thanks to a public-private partnership between the University and The Annex Group, a national developer building innovative housing communities at universities across the country.

The offer to buy TUSD’s Morrow Education Center at 1010 E. 10th St. comes from Up Campus Properties, LLC, the Chicago-based developer of Hub high-rise apartment complexes in Tucson and other cities.

BWE, a national commercial and multifamily mortgage banking company, has secured a $10 million preferred equity investment to finance the acquisition of a student housing portfolio near the University of Illinois Urbana-Champaign campus.

American Campus Communities (ACC) is underway on the development of a $631 million student housing project at the University of Michigan in Ann Arbor. Plans call for a new residential community with five residence halls totaling 2,300 beds and a 900-seat dining facility, the largest of its kind among academic institutions, according to ACC.

One of the first major student housing properties under the portfolio of Global Education Communities Corporation (GECC) is now under new ownership.

A plan to house 400 students near Windsor's downtown core is a step closer to reality after St. Clair College signed a memorandum of understanding with a developer.