Joint Venture Pays $262M for Oxford Student Housing Assets
Morgan Stanley Investment Management and The Scion Group jointly acquired a portfolio of student housing communities in Oxford, Mississippi, for a combined investment of $262 million. TSB Capital Advisors represented the new joint venture in arranging financing for the acquisitions.
Dinkytown student housing sells for $55 million
Two riverfront properties in Dinkytown have sold for a combined $55 million, two certificates of real estate value revealed this week. The Bridges Dinkytown and The Knoll Dinkytown were bought by Boston-based WF Investments for $33 million and $22 million, respectively.
Glenmore and Maven appoint Fresh at Stanley Studios PBSA
Glenmore Group and Maven Capital Partners have appointed Fresh to take over the management of their joint purpose-built student accommodation (PBSA) property, Stanley Studios, in Dundee, Scotland. The property is Fresh’s first in Dundee and further expands its presence in Scotland.
GRAHAM secures planning permission for 410-bed student accommodation in Glasgow
GRAHAM Investment Projects has secured planning consent from Glasgow City Council to deliver a landmark purpose-built student accommodation (PBSA) development in the city’s Anderston area.
Councillors approve plans for large scale £65m student accommodation blocks and summer overnight rentals
Councillors in Belfast have unanimously approved the construction of new blocks of student housing despite objections from hotel industry representatives concerned over plans to allow summer overnight stays.
New UNC student housing developments to come in the next 10 years
Recently, the University announced that construction will begin for a new 700-bed residence hall on North Campus, which is expected to be completed in 2028. However, it’s only the tip of the iceberg.
Planning granted in Galway for 22-bed student accommodation development
An application to build more student housing in Galway was approved earlier this month by Galway City Council on the East side of the city centre.
Case study: Atom bank completes £2.7m loan to support purchase of pub-turned-PBSA
Atom Bank has announced that it has provided a £2.7m loan to finance the purchase of a former pub in Leicester that has been converted into purpose-built student accommodation (PBSA). The site now offers 55 dedicated student units.
More than 450 student flats to be built in North Glasgow
Planning chiefs at the local authority have now given the proposals the green light, subject to conditions. The development, by landowner Borron Partners Ltd, will consist of two blocks, a four-to-six storey and an eight-storey building.
Demolition of iconic derelict Belfast landmark for nearly 900-bed student scheme backed for approval
Plans for a purpose built managed student accommodation (PBMSA) scheme of almost 900 rooms at a landmark site in Belfast have been recommended for approval.