Waypoint Residential Acquires 576-Bed Community Near UNC Charlotte
Charlotte, N.C. — Waypoint Residential LLC has acquired 901 Place, a 576-bed student housing community that serves the University of North Carolina (UNC) at Charlotte.
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Charlotte, N.C. — Waypoint Residential LLC has acquired 901 Place, a 576-bed student housing community that serves the University of North Carolina (UNC) at Charlotte.
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Minneapolis, Minn. — Grandbridge Real Estate Capital has provided a $51.5 million Fannie Mae loan for the acquisition of a 538-bed student housing community in the Midwest.
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Chicago — Square Mile Capital Management LLC has provided a $55 million loan for Infinite Chicago, a 404-bed student housing community located in downtown Chicago.
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Champaign, Ill. — Triad Real Estate Partners has arranged the sale of a seven-property student housing portfolio and a 30,000-square-foot development site near the University of Illinois in Champaign.
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Morgantown, W.V. — Highland Realty Capital has arranged a $10.3 million bridge loan for The Ridge at Morgantown, a 644-bed student housing community located near West Virginia University in Morgantown.
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Charleston, S.C. — An affiliate of Charleston-based multifamily development firm Greystar has agreed to acquire student housing owner-developer Education Realty Trust Inc. (NYSE: EDR) in an all-cash merger transaction valued at approximately $4.6 billion. The sale price includes existing debt.
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West Lafayette, Ind. — CA Student Living, an affiliate of CA Ventures, has broken ground on RISE on Chauncey, a 675-bed community located near Purdue University in West Lafayette.
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Arlington, Texas — Park7 Group has broken ground on Park Place Arlington, a 701-bed student housing community located one block from The University of Texas at Arlington.
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Davis, Calif. — HighBridge Properties will soon break ground on Lincoln40, a 708-bed student housing community located near the University of California, Davis.
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San Marcos, Texas — Campus Advantage has been awarded management of The Edge and The Lodge, two student housing communities located near Texas State University in San Marcos.
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