Friday, April 19, 2024
Read the Digital Editions Subscribe
Author

Katie Sloan

Campus-Lodge-Norman
Investment SalesNewsOklahoma

Marcus & Millichap Brokers Sale of 192-Unit Student Housing Property Near University of Oklahoma

by Katie Sloan

Norman, Okla. — Marcus & Millichap has brokered the sale of Campus Lodge, a 192-unit student housing property located about two miles from the University of Oklahoma campus in Norman. Built in 2004, Campus Lodge comprises 19 buildings that house 768 beds in three- and four-bedroom layouts. Amenities include a swimming pool, sand volleyball court, basketball court, outdoor grilling and dining stations and a coffee bar. Patrick Mullowney and Joel Dumes of Marcus & Millichap represented the seller, The Collier Cos., in the transaction. The duo also procured the buyer, …

Continue Reading
0 FacebookTwitterLinkedinEmail
VERVE
FinanceNew JerseyNews

TSB Capital Advisors Arranges Refinancing for VERVE Near Rutgers University

by Katie Sloan

New Brunswick, N.J. — TSB Capital Advisors has arranged a refinancing for VERVE, a 696-unit student housing community located near Rutgers University’s main campus in New Brunswick. The fixed-rate loan, which features a future funding component, was provided by an affiliate of QuadReal Property Group. VERVE is owned by a joint venture between The Scion Group and PGIM Real Estate. Constructed in 2020, the community offers single- and double-occupancy units in studio through five-bedroom configurations. Shared amenities include a state-of-the-art fitness center, private and group study lounges, gaming spaces, a …

Continue Reading
0 FacebookTwitterLinkedinEmail
99-Claremont
DevelopmentFinanceInvestment SalesNew YorkNews

Charney Cos., Criterion Real Estate Acquire Student Housing Property in Manhattan

by Katie Sloan

New York City — A joint venture between Charney Cos. and Criterion Real Estate Capital has acquired 99 Claremont Avenue, a seven-story student housing community located in the Morningside Heights neighborhood of Manhattan. The new ownership plans to renovate the 92-year-old building, which rises seven stories. Madison Realty Capital provided a $55 million bridge loan for the acquisition and renovation of the community. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Company NewsMichiganNews

Aaron Moll to Lead Mortgage Banking Arm of Berkadia Student Housing

by Katie Sloan

Detroit — Berkadia has announced that Managing Director Aaron Moll will lead the mortgage banking arm of the company’s student housing division. Moll will be based in the firm’s Detroit office and will work with borrowers and lenders in the student housing space, while continuing to partner with the leader of Berkadia Student Housing’s investment sales arm, Senior Managing Director Kevin Larimer. Over the course of his career, Moll has been involved in over $3 billion in loan origination volume. “I’m excited to start this new chapter at Berkadia,” says …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company NewsMichiganNews

Farbman Group Launches Full-Service Student Housing Platform, Campusville

by Katie Sloan

Southfield, Mich. — Southfield-based commercial real estate firm Farbman Group has launched Campusville, a comprehensive student housing property management, maintenance, development, construction and investment sales platform. The firm says it recognizes the need for innovative solutions to meet the changing demands of university living. Campusville’s mission is to enhance the quality of life for students by offering modern accommodations that foster a sense of community and provide convenient access to campus resources and local amenities.

Continue Reading
0 FacebookTwitterLinkedinEmail
The-Parker
ArizonaInvestment SalesNews

CBRE Brokers Sale of 484-Bed Community Near University of Arizona

by Katie Sloan

Tucson, Ariz. — CBRE has brokered the sale of The Parker, a 484-bed student housing community located across the street from the University of Arizona’s Fox School of Music in Tucson. Jaclyn Fitts, William Vonderfecht, Casey Schaefer and Jeff Casper of CBRE represented the seller, a partnership between The Dinerstein Cos. and Harrison Street, in the transaction. Mark Cosenza and Brett Smith of Inland Real Estate Acquisitions facilitated the purchase of the property on behalf of an affiliate of the company for an undisclosed price. The community is LEED Silver …

Continue Reading
0 FacebookTwitterLinkedinEmail
Avant-Toronto
GeorgiaNewsOperations

PeakMade Awarded Management of Four Properties in Canada Totaling 1,555 Beds

by Katie Sloan

Atlanta  — PeakMade Real Estate has been awarded management of four student housing properties in Canada totaling 1,555 beds throughout the province of Ontario. The communities under management include Geo Central, a 554-bed student housing development serving Queens University in Kingston; Unity Point and Unity Place, which comprise 309 and 350 beds, respectively, also in Kingston; and Avant, a 342-bed community located across from the Toronto Metropolitan University campus in downtown Toronto. These communities represent the Atlanta-based company’s first international venture. “The expansion into the Canadian market has been the …

Continue Reading
0 FacebookTwitterLinkedinEmail
Jason-Taylor
Company NewsIndianaNewsOn-campus

Jason Taylor Joins The Annex Group as Managing Partner, Public-Private Partnerships

by Katie Sloan

Indianapolis — Jason Taylor has joined The Annex Group as managing partner of the firm’s new public-private partnership (P3) division. Taylor most recently served as vice president of public-private partnerships with American Campus Communities. “Getting into P3 housing aligns with our company’s impact-focused mission,” says Kyle Bach, CEO of the Indianapolis-based company. “We are always looking for opportunities to enter new states and new markets if there is a considerable need for rental housing there. As the trend of increased enrollment continues for many of our nation’s colleges and universities, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Haven-Kennesaw
GeorgiaInvestment SalesNews

Cushman & Wakefield Arranges Sale of Cottage-Style Community Near Kennesaw State University

by Katie Sloan

Kennesaw, Ga. — Cushman & Wakefield has arranged the sale of The Haven at Kennesaw, a cottage-style student housing community located near the Kennesaw State University campus in Georgia. Developed in 2018, the property offers 148 beds across 32 units in one-, four- and five-bedroom configurations. Shared amenities include a swimming pool, sundeck and green space. Travis Prince, Victoria Marks, Travis Presnell and Shawn Lubic of Cushman & Wakefield represented the seller, Henssler Capital, LLC, in the transaction. The Preiss Co. acquired the community, which was fully occupied at the …

Continue Reading
0 FacebookTwitterLinkedinEmail
Greystar Manoa
FeaturesFrom The MagazineOn-campus

Growing Trends, Best Practices for Third-Party Management On-Campus

by Katie Sloan

Enrollment is continuing to rise at many universities across the country — a fact which, alone, would be likely to substantiate a rise in public-private partnership (P3) development starts. This anticipated increase in P3 activity is even more likely to occur when viewed through the lens of the current economic environment, which is making financing of any sort tricky, but particularly for new development.  With more P3 projects expected, we’re also likely to see a growing number of on-campus  third-party management assignments. So what are the issues and trends today …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2023 France Publications, dba France Media Inc.