US & Canada

Ontario, the most populous province in Canada and home to half the country’s foreign students, will require all colleges and universities to guarantee housing is available for incoming cohorts.

JLL Capital Markets announced that it closed the sale of Oso Verde, a 103-unit / 297-bed student housing community located near Baylor University in Waco, Texas. JLL worked on behalf of the seller, Bullseye Development, and Versity Invest, LLC, who acquired the asset.

Duke University paid the top price on a per-unit basis for a multifamily property in the Raleigh-Durham, North Carolina, market since 2022 with its purchase of the Blue Light apartment building near the school’s campus.

Hawkins Way Capital, a Los Angeles-based real estate investment firm that manages equity funds for family offices and institutional investors, announced it has obtained approval from the Boston Planning and Development Agency to convert the Sheraton Boston Hotel's South tower into student housing.

Cardinal Group, a real estate company based in Colorado, has purchased the student housing community Midtown Stillwater, located at 801 W 4th Avenue in Stillwater, Oklahoma, for an undisclosed price.

Developer Blue Vista and its partner Bain Capital Real Estate extended their financial runway on a student housing asset near the University of Chicago by snagging a debt package, without throwing more cash into the property.

Cardinal Group, a real estate company based in Denver, Colo., has purchased student housing community Midtown Stillwater, located at 801 W 4th Ave. in Stillwater, Okla., for an undisclosed price. The 221-unit, 823-bed property is situated steps away from Oklahoma State University’s Student Union.

Student housing at the University of Mississippi will soon increase by almost 1,000 beds through a $245 million bond issue approved by the Board of Trustees of the Mississippi Institutions of Higher Learning during the Board’s regular meeting last Thursday.

EagleBridge Capital has arranged construction financing in the amount of $6,675,000 for a student housing apartment property which will serve the University of California, Davis, on behalf of a Boston-based developer.

The Bascom Group, LLC (“Bascom”) has acquired a 204-bed student housing community next to the University of Texas at Austin. Texan 26 is a 204 bed, 53-unit community, built in 2014, and located in West Campus.