Amplify Acquires Denver Student Housing Asset for $41.3M
Amplify Development Co. has acquired Vista Denver, a 284-bed student housing property in Denver, for $41.3 million. The asset will undergo renovations, as part of the company’s value-add plan. The Preiss Co. sold the property, previously acquired in 2014 for $25.4 million. Union Bank & Trust Co.
Amro Partners to nearly double European student digs portfolio, says new exec
Amro Partners will be looking to grow its portfolio of purpose-built student accommodation (PBSA) assets to around 5,000 beds or about €1 bn in value over the next two years, according to Rainer Nonnengässer, who was appointed senior managing director in early January.
University of Nebraska at Kearney to Build New Student Housing
The University of Nebraska’s Kearney campus in Kearney, Neb., recently announced plans to expand its student housing options in the form of a new Greek Village, according to a news release.
Historic office block could become student flats
A developer is eyeing up two historic Leicester office blocks as the city's next big student accommodation project.
Student-housing sees record-shattering transaction volume at 2022 year-end
Student housing has set an all-time high in transaction volume for 2022 with an annualized total of $18.9 billion, significantly surpassing the previous year-end high of $11.5 billion in 2021. The JLL U.S.
City centre student flats scheme enters next phase
Three historic Birmingham city centre buildings will be turned into student accommodation after further planning permission was granted. First approved in 2021, new proposals seek to increase the number of student bedrooms and alter planned interior works.
Landmark Properties to Develop 909-Bed Student Housing Project in Philadelphia
Landmark Properties, a Georgia-based owner-operator, will develop The Mark Philadelphia, a 909-bed student housing project that will be located at 3615 Chestnut St. in Philadelphia’s University City district.
Three Austin Student Housing Projects Financed by PGIM
PGIM Real Estate has provided $108.5 million in fixed-rate financing on behalf of its core investment strategy to a fund managed by Morgan Stanley Real Estate Investing (MSREI) and Global Student Accommodation (GSA) for five student housing properties, three in Texas. PGIM Real Estate is a $204.
International Campus Acquires Five Asset Student Housing-Portfolio
International Campus, a leading player in the European student housing market, has completed the acquisition of a portfolio comprising five student apartment blocks from Allianz Real Estate and CBRE Investment Management.
Alumno lodges Edinburgh student plans
Alumno wants to build a seven-story block on the corner of Restalrig Road South and London Road. It would have 191 student bedrooms with commercial space and communal facilities on the ground floor.