-‎Wire-

Aufgang Architects, Maddd Equities, and Stagg Group are developing a 12-story, 215,129-square-foot dormitory at 2740 Webster Avenue in The Bronx, designed to house 600 Fordham University students across 162 units, primarily multi-room suites, with completion targeted for July 2028.

Adhan Group has acquired the 244-bed Friargate Court PBSA scheme in Preston from administrators FRP Advisory, marking a strategic expansion in the UK student housing market.

Mainland Capital has begun demolishing Antonio Hall in Christchurch to develop a 450-bed student accommodation village on the 1.5ha site at 265 Riccarton Rd, addressing a longstanding gap between first-year university halls and private rentals near Canterbury University.

JLL Capital Markets arranged a $176.6 million construction loan for The Place at Alafaya, a 1,395-bed student housing project near the University of Central Florida in Orlando, on behalf of borrower Beachwold Residential.

Adhan Group acquired a £20 million student accommodation complex in Preston from Knight Frank, marking a strategic expansion of its retail division across the UK with plans for further acquisitions within 12 months.

Point Capital secured development approval for a 606-unit modular student housing project at Macquarie Park, Sydney, marking an expansion of its modular construction strategy beyond hotels into the PBSA sector.

Stephen Gaitanos, co-founder of student accommodation provider Scape, has expanded the business into The Living Company (TLC), now managing 40,000 apartments across 117 buildings valued at $20 billion.

Centaline Investment Management (CIM) has appointed Turner & Townsend to manage the conversion of the 17-storey Regal Oriental Hotel in Kowloon City into a student accommodation facility, following CIM’s HK$1.52 billion acquisition of the property from Regal REIT.

Northeastern University acquired full ownership of the 17-story East Village residence hall in Boston for $169 million, ending an 11-year lease with Phoenix Property Co., the original developer alongside Lincoln Property Co.

Affinius Capital LLC originated a $176.6 million construction loan to finance the development of Place at Alafaya Phase I & II, a 484-unit, 1,395-bed Class A student housing project near the University of Central Florida in Orlando, led by Beachwold Residential under Gideon Friedman.