Hampshire Trust Bank enters student accommodation sector
Entry in to the PBSA market stems from the current shortage of student housing across the UK, alongside the existing experience that has been built by the Bank’s development finance team in the sector, leading to a healthy pipeline of PBSA deals.
Global Education Communities Corp. Deploys Additional Services to Add Student Beds and Expand Its...
Global Education Communities Corp (GECC) is pleased to announce that GECC has added a new business segment, called the Master Lease Partnership Program (MLPP), to complement its existing operations. The MLPP strategy is intended to expand GECC's revenue streams, complement its current corporate-owned student housing portfolio without deploying significant capital, and shorten the delivery time for student-bed deployments.
SCOPE Brokers $13.3M Sale of Student Housing Community in Shippensburg, Pennsylvania
Scope Commercial Real Estate Services has brokered the $13.3 million sale of Maverick Apartments, a 480-bed student housing community located near Shippensburg University in southern-central Pennsylvania. The 10-building community recently underwent $1.5 million in capital improvements.
Keystone Financial Provides $39M Loan for Georgia Tech Student Housing Project
DEZHU, an Atlanta-based real estate development firm, has secured $39 million in construction financing to build a Class-A student housing development just south of Georgia Tech University, Commercial Observer can first report.
Student accommodation fever hits Glasgow city centre
Varsity Developments has submitted plans for a high-rise student tower on Waterloo Street, having previously mooted proposals for rental apartments and offices at the site.
Atom Bank partners with Assetz Capital amid growth
As part of a new partnership, specialist originator Assetz Capital will become a key introducer of commercial mortgage loan applications to Atom Bank. The mortgages cover all areas of commercial sectors including student accommodation.
Berkeley’s Southside neighborhood could get taller buildings to house more students
A push to rewrite zoning rules to allow more housing in practically all of Berkeley will focus this fall on the city’s densest neighborhood.
DR2H secures planning for Coventry PBSA scheme
Coventry-based developer DR2H has announced that its premium PBSA scheme recently secured planning permission through appeal. Situated nearby Cannon Park shopping centre and the University of Warwick campus, the new scheme will deliver 196 premium studios.
Sale of eight-storey 400-bed Beeston student block site completed
More than 400 studios are set to come to Beeston after Cassidy Group has completed its purchase of The Square site in the town.
Plans for student accommodation and new apartments in disused city centre site
Developers are looking to build a new block of student flats, and affordable apartments and create a new public realm on disused land in the city centre. Vita Group has drawn up proposals for the site on India Street to create a new 'thriving, connected community'.