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Charme-Eagle
CaliforniaDevelopmentFinanceNewsTexasWisconsin

Kennedy Wilson Provides Construction Loans for Two Student Housing Developments 

by Katie Sloan

Beverly Hills, Calif. — Kennedy Wilson has provided two senior construction loans for the development of student housing communities in Wisconsin and Texas. The Beverly Hills-based firm provided financing to an undisclosed borrower for the development of Charme on Eagle, a 463-bed project located near the University of North Texas in Denton. The second loan was provided to an undisclosed borrower for a 910-bed development located near the University of Wisconsin campus in Madison. Each of the projects will offer high-end amenities including resort-style swimming pools and spas, fitness centers, private …

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FinanceGeorgiaNews

Student Quarters Closes Inaugural Value-Add Fund, SQ Student Housing Properties I LP

by Katie Sloan

Atlanta — Student Quarters has announced the close and final deployment of its inaugural value-add fund, SQ Student Housing Properties I LP. The fund has acquired and managed student housing assets proximate to major public universities in the United States, including the Georgia Institute of Technology, University of Tennessee, University of Arkansas and Florida State University. The vehicle included direct and co-investment commitments of $165 million in equity from institutional investors, including GFH Partners. The Atlanta-based firm notes that it sees strong opportunities for acquisition in the student housing space as …

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Junction-49_Charlotte-N.C
FinanceNewsNorth Carolina

Cushman & Wakefield Arranges $77 Million Refinancing for Community Near UNC Charlotte

by Katie Sloan

Charlotte, N.C. — Cushman & Wakefield has arranged $77 million in refinancing for Junction 49, a newly developed student housing community serving the University of North Carolina at Charlotte (UNC Charlotte). Gideon Gil, Zach Kraft, Dale Braverman and Travis Prince of Cushman & Wakefield represented the borrowers, SR Real Estate Partners and Circle Squared Alternative Investments, in securing the loan. Macquarie Capital Principal Finance provided the financing. Located at 7600 University City Blvd., the 370,883-square-foot property totals 754 beds and 12,396 square feet of amenity space. Junction 49 features private and …

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The-Northside
CaliforniaDevelopmentFinanceNews

Panoramic Interests Receives $30 Million Construction Loan for Development Near UC Berkeley

by Katie Sloan

Berkeley, Calif. — Panoramic Interests has received a $30 million construction loan for The Northside, a 73-unit student housing development in Berkeley. Jordan Angel and Alex Witt of JLL secured the financing through BHI, a full-service commercial bank that operates as the U.S. division of Bank Hapoalim, on behalf of the borrower. The development site for the 451,509-square-foot project is located at 1752 Shattuck Ave. near the University of California (UC) Berkeley campus. The project is scheduled for completion in March 2026 and will rise seven stories. The community will offer …

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View-at-Montogmery
FinanceNewsPennsylvania

Walker & Dunlop Provides $285.5 Million Refinancing for Two Student Housing Properties at Temple University in Philadelphia

by Katie Sloan

Philadelphia — Walker & Dunlop Inc. has provided a $285.5 million loan for the refinancing of Vantage and The View at Montgomery, two student housing properties located on Temple University’s campus in Philadelphia. The Class A communities total 1,816 beds. Completed in 2019, Vantage rises 19 stories with 368 units. The property features more than 30,000 square feet of amenity space, retail offerings and floor plans ranging from studios to four bedrooms. Opened in 2014, The View at Montgomery includes 238 units and is located in the center of Temple University’s …

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21-Pearl
FinanceInvestment SalesNewsTexas

Newmark Arranges Sale, Financing for 267-Bed Community Near University of Texas at Austin

by Katie Sloan

Austin, Texas — Newmark has arranged the sale of and acquisition financing for 21 Pearl, a 267-bed student housing community located at 911 W. 21st St. near the University of Texas at Austin campus. The property’s 135 units were 99 percent occupied at the time of sale. Ryan Lang, Jack Brett and Ben Harkrider of Newmark represented the seller, a partnership between Crow Holdings Capital and Texla Housing Partners, in the disposition. Ben Roelke, Ian Walker, Trent Houchin and Jeff Barnwell, also of Newmark, secured acquisition financing on behalf of the …

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junction-san-marcos
FinanceInvestment SalesNewsTexas

BWE Secures Financing for The Junction Student Housing Property Near Texas State

by Katie Sloan

San Marcos, Texas — BWE has secured financing for the acquisition and improvement of The Junction, a 488-bed student housing community located near the Texas State University campus in San Marcos. Chris Carroll and Max Miller of BWE secured the financing through Byline Bank on behalf of the borrower, Campus Realty Advisors. The community offers a mix of two-, three- and four-bedroom units. Shared amenities include a swimming pool and fitness center. Updates to the property will include the addition of a new state-of-the-art clubhouse, leasing center, study areas and community …

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Campus-Flats
FinanceInvestment SalesNewsOregon

JLL Secures Acquisition Financing for K14 Campus Flats Near the University of Oregon

by Katie Sloan

Eugene, Ore.  — JLL has secured acquisition financing for K14 Campus Flats, a student housing community located across the street from the University of Oregon campus in Eugene. Patricia Heminger, Dan Kearns, Stephen VanLeer, Rebecca Brielmaier, Sam Tarter and Merrick Evans of JLL worked on behalf of the borrower, Waterway Family Funds, to place the 10-year acquisition financing with Freddie Mac. The loan will be serviced by JLL Real Estate Capital. Located at 1414 Kincaid St., K14 Campus Flats offers 45 units in two-, three- and four-bedroom configurations. The property was fully …

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Chris Epp of Walker & Dunlop, Student Housing Fundamentals quote from article
Content PartnersDevelopmentFeaturesFinanceIndustry contentLeasing / MarketingOff-campusOn-campus

Despite Market Challenges, Student Housing Financing Surges Ahead

by Sarah Daniels

Student housing is capturing the attention of developers, investors and institutional lenders as university enrollment and record rent gains position the sector to outperform other property types. That’s one of the dominant themes evident in Walker & Dunlop’s recently released 2024 Student Housing Outlook. Although transaction volume declined to $5.7 billion in 2023 from the previous year’s all-time high of $24 billion, strong operating fundamentals are attracting new entrants to the sector, including institutional investors and lenders. “Student housing is entering a resurgence where we predict continued outperformance relative to …

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Nine-Central
FinanceFloridaInvestment SalesNews

TSB Capital Advisors Secures Acquisition Financing for Nine at Central in Orlando, Florida

by Katie Sloan

Orlando, Fla. — TSB Capital Advisors has secured acquisition financing for Nine at Central, a 764-bed student housing community located near the University of Central Florida campus in Orlando. QuadReal provided financing to the borrower, L3 Campus, for the acquisition. Delivered in 2023, the community offers a mix of one-, two-, four-, five- and six-bedroom units with bed-to-bath parity. Each unit features a 55-inch smart television, private balcony, energy-efficient stainless-steel appliances and Bluetooth integrated washers and dryers. Shared amenities include a swimming pool, hammock garden, outdoor barbecues, a wet bar, poolside …

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