US & Canada

Highlands College Opens First On-Campus Student Housing

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Highlands College has opened the first residence hall on its new campus in Birmingham, Ala., creating the opportunity for students to live on campus for the first time.

Chicago Gets Nine Bids to Convert LaSalle Financial Corridor

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Chicago has received nine proposals encompassing $1.2B in projects to convert seven aging office buildings in the city’s LaSalle Street financial corridor to housing, with 30% of the units reserved for affordable housing.

Harrison Street buys Le Mildoré student apt. bldg. in Montreal

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Harrison Street’s Canada Alternative Real Estate Fund has acquired Le Mildoré, a new, 279-bed purpose-built student accommodation (PBSA) in Montreal as part of a joint venture with developer Werkliv. Le Mildoré at 2025 Peel St. was completed in August and is 99 per cent occupied.

University of Cincinnati student housing development secures joint venture equity

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JLL Capital Markets announced that it has secured joint venture equity for the development of Four Corners, a 404-bed / 136-unit student housing development adjacent to the University of Cincinnati.

Student housing community at Louisiana Tech University sells

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JLL Capital Markets announced that it has closed the sale of CEV Ruston, a 120-unit / 432-bed student-housing community primarily serving the 11,000 students at Louisiana Tech University in Ruston, Louisiana.
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Major study destinations suffering reputational damage as student housing crisis rolls into 2023

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A shortage of student housing stock in major study abroad destinations, combined with cost of living increases is impacting international student mobility and threatening the reputation of destinations.

The University of California invested $4 billion with Blackstone to buy up rental apartments...

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The University of California is investing $4 billion in a real estate fund managed by private equity firm Blackstone to acquire rental and student housing, which both entities see as bright spots in the cooling US real estate market.

Newsome Development Sells 134-Bed Student Housing Property Near Baylor University

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WACO, TEXAS — Newsome Development & Investments has sold 11th Street Flats, a 134-bed student housing property located near Baylor University in Waco. The community was constructed in 2015 and offers 45 units in a mix of two-, three- and four-bedroom configurations with bed-to-bath parity.

New 33-Story Student Housing Tower Planned Near University of Texas at Austin

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A developer plans to build a student housing high-rise near the campus of University of Texas at Austin that would help fortify the Texas capital as the nation’s busiest construction market for apartments aimed at college students.

Real estate partnership plans 890-bed apartment development near UConn campus

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A partnership between a national real estate firm and an investment management company is proposing to build an 890-bed residential building for University of Connecticut students on a 16-acre property.
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