US & Canada

OTTAWA — Immigration Minister Marc Miller says international students will be able to work off-campus up to 24 hours per week starting in September.

KKR agreed to buy a student-housing portfolio from Blackstone for $1.64 billion, a sign that the multifamily property niche is holding its appeal to commercial real estate investors.

Studies have shown that nearly 20 percent of California's community college students have faced homelessness. Compton College aims to face that challenge head on, with a new dormitory complex in the works at the northeast corner of its campus.

Student Quarters, a leading student housing owner and management company, today announced that they have been selected to handle the leasing, operations, and management of The Armory at Sam Houston (The Armory)—a 145-unit, 502-bed student housing community in Huntsville, Texas.

Los Angles based Kennedy Wilson, a global real estate investment company, has closed a senior construction loan for the development of Aspire A&M, an 873-bed high-rise student housing community located in College Station, TX.

Harrison Street has refinanced Twin River Commons, a 127-unit, 371-bed luxury student housing community in Binghamton, N.Y. TSB Capital Advisors arranged the floating-rate loan.

Fleming College and Trent University have announced a new partnership with SpacesShared a home-sharing platform.

A secured purpose-built rental housing building now just weeks away from full completion in Vancouver’s Kensington Cedar Cottage neighbourhood will be used as student housing.

Cushman & Wakefield has brokered the sale of The Edge at Donaghey, a 432-bed student housing community situated adjacent to the University of Central Arkansas. Located at 530 S Donaghey Ave. in Conway, the 120-unit property was built in 2013.

The demolition of about two dozen buildings will make way for a new student housing development called Bloomington HUB II, by Core Bloomington Lincoln, LLC, which will include 411 apartments with a total of 1,143 bedrooms.