US & Canada

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.

The City Council opened the door to high-rise apartment buildings in the Southside neighborhood Tuesday by signing off on new zoning regulations that could allow for thousands more homes at UC Berkeley’s doorstep.

The Nova Scotia government announced on Tuesday plans to build housing on four community college campuses as the province grapples with a crisis that has left students struggling to find apartments.

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.