US & Canada

Berkadia has been hired by OC Ventures to sell the Letterman, a 482-bed property at 410 South Morgan Street near the University of Illinois Chicago, Crain’s reported. The building is 112 years old and has been listed on the National Register of Historic Places.

A Chicago-based developer plans to build a 7-story, 181-unit apartment building at 2038 N. Walnut St., about a half mile northwest of Indiana University Memorial Stadium.

Continuing a decade-long boom, the University of California Board of Regents has given its San Diego campus permission to build a huge student center and a 2,400-bed housing complex that will jointly cost $1.1 billion.

Campus housing: Students can’t get enough of it and California public campuses can’t build dorm rooms fast enough. And yet, Gov. Gavin Newsom has proposed delaying by a year nearly $1.2 billion in loans and grants that would build housing for thousands of students at affordable rates — money the state promised campuses in last year’s state budget.

Following years of litigation, design changes and multiple rounds of approvals from the governing board of the University of California, UC Santa Cruz can now move forward with construction of a controversial student housing project as soon as early 2024.

The site of the now-closed Great Wall Chinese restaurant on Bloomington’s north side could become home to a seven-story, student-oriented apartment building.

Dallas, TX-based RREAF Holdings, LLC has acquired Rivers Edge at Carolina Stadium, a student housing community located near the University of South Carolina in Columbia. The 1996-constructed property covers 240 units and 486 beds across 20.87 acres.

Officials at The Preiss Company (TPCO), one of the nation’s largest, privately-held, student housing owner-operators, today announced the addition of three third-party management assignments to its nationwide portfolio of student housing communities.

For its first Master Plan since one was unveiled for 2004-14, TAMIU contracted the architecture and design firm Perkins & Will to assist in developing its plan over the past year.

A second student accommodation community will be built in the Los Angeles market, according to Landmark Properties. The fully integrated real estate company specializes in the planning, building, investment management, and maintenance of high quality residential communities.