Development

The-Mark-Mansfield-Storrs-Connecticut

Storrs, Conn. — A partnership between Georgia-based developer Landmark Properties and Miami-based private equity real estate firm Peninsula Investments will develop The Mark Mansfield, a 738-bed student housing project in Storrs, home of the University of Connecticut. The 1.5-acre site at 134 N. Eagleville Road is adjacent to campus. Information on specific floor plans and amenities was not disclosed, but The Mark Mansfield’s residences will be fully furnished with high-end finishes. In addition, the property will house approximately 7,000 square feet of retail space that will be occupied by Huskies Tavern, …

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Chuck-Carroll

Fayetteville, Ark. — Endeavor Real Estate Group has acquired a development site near the University of Arkansas campus in Fayetteville for a new student housing development. Details on the project have not been announced. The Austin, Texas-based firm also recently hired Chuck Carroll as principal to assist with growing its student housing platform. Carroll previously spent over 20 years with American Campus Communities. “Chuck has been a trusted and respected colleague for two decades and I couldn’t be happier with him joining Endeavor and helping us continue building out our student …

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Stacey Lecocke Asset Living Student Housing Trends quote from article

From pickleball courts to golf simulators, what amenities do today’s students really want — and what are they willing to pay for? “Students still want resort-style amenities, such as rooftop pools, fitness centers and co-working spaces, but affordability also is a big concern,” says Stacey Lecocke, division president of Asset Living, a leading third-party property management firm with the largest student housing portfolio, with over 111,000 beds. Developers are leaning into that trend with more efficient designs that maximize space without compromising on quality. Tessera, a new development undergoing lease-up …

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Standard-West-Layfayette

West Lafayette, Ind. — A joint venture between Landmark Properties and Manulife Investment Management has broken ground on The Standard at West Lafayette, a 678-bed development serving students attending Purdue University in Indiana. Located on West Wood Street in West Lafayette, the community will offer fully furnished units in studio through four-bedroom configurations. Shared amenities will include a rooftop clubhouse with an outdoor heated pool and fitness center; an indoor/outdoor amenity deck on the fourth floor with a grilling area, seating, gaming lounge and an interior courtyard; study spaces on each …

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Theory-Ithaca

Ithaca, N.Y. — A joint venture between PeakMade Real Estate, Blue Vista Capital Management and W5 Group has broken ground on Theory Ithaca, a 518-bed community located near the Cornell University campus in downtown Ithaca. The project will serve graduate students, as well as university affiliates and the greater Ithaca community. Construction financing for the development, which is scheduled for completion ahead of the 2027-2028 academic year, was provided by Kennedy Wilson. The community will offer 371 units in studio through three-bedroom configurations alongside 239 parking spaces. Shared amenities will include …

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Zaya

Gainesville, Fla. — A joint venture between Gilbane Development Co. and CBRE Investment Management has broken ground on Zaya, a 702-bed development located near the University of Florida campus in Gainesville. The community will offer 352 units with bed-to-bath parity. Shared amenities will include a rooftop deck with a pickleball court, pool, clubhouse and fitness center; study rooms on each floor; a co-working lounge; leasing lobby with a coffee bar; and three courtyards with lawn games, outdoor cooking space and lounges. Site work has commenced for the development with completion scheduled …

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The-Hall

Tallahassee, Fla. — A joint venture between Portman and 908 Group has begun vertical construction on The Hall, a 674-bed student housing development located directly across from Florida State University’s College of Business in Tallahassee. Scheduled for completion in summer 2026, the community will offer 191 units across two mid-rise buildings. Shared amenities will include a rooftop pool and state-of-the-art fitness center, alongside 7,269 square feet of retail and 452 dedicated parking spaces. The development team for the project includes Canyon Partners Real Estate, PTM Partners and Humphreys & Partners.

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Rendering-505-S-5th-St

Champaign, Ill. — Cushman & Wakefield has arranged limited partner (LP) equity financing for the development of 505 S 5th Street, a Class A student housing project in Champaign serving students attending the University of Illinois’ Urbana-Champaign campus. The project will be located adjacent to campus and in the heart of Campustown. The development site is fully entitled and shovel-ready, with groundbreaking slated for this month. Completion is anticipated ahead of the 2026-2027 academic school year. The community will feature 241 beds and amenities such as a fitness center, yoga …

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EVER_VERVE_College-Station

College Station, Texas — Subtext has partnered with Larson Capital Management for a two-phase student housing development near Texas A&M University in College Station. The project will include EVER College Station (176 units, 545 beds) and VERVE College Station (382 units, 1,193 beds), which will be situated across the street from one another in the city’s Northgate Entertainment District, less than two blocks from campus. EVER will rise seven stories at 401 Stasney St. and include 420 parking spaces, while VERVE will rise 21 stories at 311 Stasney St. and …

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Signature-Varsity

Raleigh, N.C. and Knoxville, Tenn. — A joint venture between The Preiss Co. and FD Stonewater has acquired sites for two student housing developments in North Carolina and Tennessee. Projects will include Signature on Grand, located near the University of Tennessee in Knoxville; and Signature on Varsity, which will serve students attending North Carolina State University in Raleigh. The communities will offer over 1,200 beds in studio through five-bedroom configurations. Shared amenities will include resort-style pools, state-of-the-art fitness centers, study lounges and social spaces. The communities will be developed in partnership with …

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