OC Ventures Acquires 576-Bed Community Near the University of North Carolina at Greensboro

Greensboro, N.C. — OC Ventures has acquired Spring Place, a 576-bed student housing community located in Greensboro. The property, now rebranded as Block 43 East, serves students at the University of North Carolina at Greensboro and North Carolina Agricultural and Technical State University. Kevin Larimer and Greg Gonzalez of Berkadia arranged the disposition on behalf of the seller, Waypoint Residential, for an undisclosed price. The community offers two- and four-bedroom, fully furnished units with bed-to-bath parity. Shared amenities include a fitness center, computer lounge, recreation rooms, basketball and volleyball courts, a saltwater swimming pool and a private shuttle service to local college campuses. 

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