US & Canada

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.

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.

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 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.

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.

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.

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.

Seattle’s University District is seeing a surge in new housing development geared toward students responding to a hot spot of demand for housing options near the campus of the University of Washington.

Developers are bulldozing the vacant Reno Valley Retirement Center east of UNR. The project taking its place will cater to new tenants - students, instead of seniors. The developer, 'Up Campus,' has plans for a five-story building with over 600 rooms for students.

As Cal State Fullerton continues to renovate and repair older structures, new housing is planned for the next phase of construction to accommodate more students.  The first student housing units on campus were built in 1988 and will be demolished after years of maintenance and safety issues.