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Law firm Addleshaw Goddard (AG) has advised Coutts on a £37 million development and investment loan facility to SAV Group to finance the refurbishment and extension of More House in Kensington, West London.

A joint venture of The Scion Group and PGIM Real Estate has refinanced VERVE, a 181-unit, 696-bed luxury student community in New Brunswick, N.J. A QuadReal Property Group affiliate provided the fixed-rate, $83.4 million loan, according to Yardi Matrix information, while TSB Capital Advisors brokered the deal.

A joint venture between Charney Companies and Criterion Real Estate Capital has landed $55 million of acquisition financing to purchase and redevelop a Morningside Heights dorm facility adjacent to a church and convert it into luxury student housing, Commercial Observer has learned.

CBRE announces the sale of The Parker, a 484-bed pedestrian student housing community located across the street from the University of Arizona (UArizona) in Tucson, Ariz.

Greystar has acquired Capital House, a 423-bed purpose-built student accommodation (PBSA) asset. Capital House will operate under Greystar’s Canvas brand, with Greystar underwriting renovations to improve under-utilised amenity space.

Unite Students’ new property in Edinburgh combines student, build-to-rent (BTR) and affordable units – making it the first of its kind in the company’s 70,000-bed portfolio. Burnet Point will be Unite Students’ lowest carbon new-build to date.

Global property player Lendlease’s race to refocus its efforts on Australia has been given a handy boost, as it wins approval for a $1.7 billion project in central Melbourne involving rental housing, student accommodation and office space.

Queen’s University Belfast and software group Kainos have submitted planning applications for student accommodation and a new office block at the site of the former Movie House cinema in the city.

Plans to replace an Edinburgh bingo hall with hundreds of student rooms have been submitted to Edinburgh Council. The plans would see 201 student rooms created, and would "regenerate" the area - which sits just off Leith Walk. Developers hope to embrace the "unique character" of the structure.

The expanded Polish team will be led by Jacek Kaluzny, director and head of operational capital markets Poland. Kaluzny has 15 years of experience in the living sectors and specialises in real estate advisory, investment management, mergers and acquisitions, and corporate finance.