US & Canada

WinPBSA has launched the first sector-specific Menopause Best Practice Guide for the student accommodation industry, supported by two new anonymous surveys targeting leadership, HR, and employees to capture the impact of menopause on experienced female talent aged 35–55.

L3 Campus and Aureon Partners secured a $53.7 million refinancing for OnShore, a 210-unit, 636-bed student housing community near Embry-Riddle Aeronautical University in Daytona Beach, supporting continued investment in the property’s growth.

American Development Corp. plans a $63 million redevelopment of Louisville’s Jefferson Education Center into a student housing complex with 431 beds, targeting Jefferson Community and Technical College students.

Developers plan to construct Rambler Northgate, a 24-story tower with over 300 units and 900 beds near Texas A&M University, marking the tallest building in College Station and addressing the local student housing shortage.

Western Kentucky University’s Board of Regents approved a $350 million public-private partnership with Gilbane Development Company to manage and revitalize the university’s residential portfolio, marking the largest investment in WKU’s history and aiming to modernize campus housing.

Knighthead Funding issued a $39.75 million first mortgage loan to refinance Stadium Crossing, a 226-unit, 734-bed student housing property in Bloomington, Indiana.

GSL has appointed Thiago Alves as Global Chief Revenue & Growth Officer to lead its international commercial performance and growth strategy, reflecting his key role in the company’s expansion over four years.

Landmark Properties closed its Landmark Sponsor Fund, LP at $300 million, surpassing the initial $200 million target, reinforcing its position as a leading developer in the U.S. student housing market.

Raintree Partners sold the Axiom Westwood portfolio, comprising 153 student-focused apartments across four buildings near UCLA, for $62.6 million. Institutional Property Advisors, part of Marcus & Millichap, brokered the deal with a private investor buyer, marking Westwood’s largest unit sale since 2020.

Philadelphia student-housing powerhouse Campus Apartments is trying to raise as much as $400 million in fresh capital, marketing a new private-equity vehicle aimed at funding development and acquisition projects around the country, CEO David Adelman said.