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According to market sources, the Northern European investor has hired advisor CBRE to market the package in what is believed to be the largest student sale ever in the Nordic region.

Once delivered, the new site will be the third Vita Student residence in Edinburgh with other sites located on Fountainbridge and Iona Street. Offering best-in-class student accommodation once finished, Vita Student’s New Waverley site will offer 207 high-quality studio apartments along with 60 cluster rooms.

JLL Capital Markets announced that it closed the sale of Oso Verde, a 103-unit / 297-bed student housing community located near Baylor University in Waco, Texas. JLL worked on behalf of the seller, Bullseye Development, and Versity Invest, LLC, who acquired the asset.

Duke University paid the top price on a per-unit basis for a multifamily property in the Raleigh-Durham, North Carolina, market since 2022 with its purchase of the Blue Light apartment building near the school’s campus.

Hawkins Way Capital, a Los Angeles-based real estate investment firm that manages equity funds for family offices and institutional investors, announced it has obtained approval from the Boston Planning and Development Agency to convert the Sheraton Boston Hotel's South tower into student housing.

Cardinal Group, a real estate company based in Colorado, has purchased the student housing community Midtown Stillwater, located at 801 W 4th Avenue in Stillwater, Oklahoma, for an undisclosed price.

Rhize Capital (“Rhize”), the leading specialist debt funding platform for European student housing markets, is pleased to announce the completion of a €100m loan facility for two student housing schemes in Milan, Italy.

Student Roost, one of the UK’s largest purpose-built student accommodation providers, and McLaren Property, market leaders in residential and student property development, have agreed a forward funding deal of c£180 million for three new student accommodation schemes.

Cain International has provided a €74 million construction loan to Vita Group and Metrovacesca for the development of Vita Group’s flagship 585-bed Vita Student purpose-built student accommodation scheme in Madrid, Spain.

Developer Blue Vista and its partner Bain Capital Real Estate extended their financial runway on a student housing asset near the University of Chicago by snagging a debt package, without throwing more cash into the property.