Investment Sales

Chicago and New York City — A joint venture between Chicago-based Blue Vista Capital Management and New York City-based Clarion Partners has acquired a four-property student housing portfolio totaling 2,787 beds. Columbus Pacific Group sold the properties for an undisclosed price. The acquisition included two adjacent student housing communities offering a total of 1,124 beds near the Pennsylvania State University campus in University Park; a 309-bed community serving students attending the College of Charleston in South Carolina; and a 1,354-bed property located near the Texas A&M University campus in College Station. …

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Den-Mizzou

Columbia, Mo. — CBRE has arranged the sale of The Den, a 552-bed student housing community located near the University of Missouri campus in Columbia. A joint venture between The Michaels Org. and Capital Solutions Inc. purchased the property from Hamilton Point Investments for an undisclosed price. Jaclyn Fitts, William Vonderfecht and Casey Schaefer with CBRE National Student Housing represented the seller in partnership with Matt Bukhshtaber of CBRE’s St. Louis office. The Den offers two- and four-bedroom units with bed-to-bath parity. Shared amenities include a swimming pool and sundeck, fitness …

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Sawyer-Lincoln_Columbia

Columbia, S.C. — Inland Real Estate Acquisitions has purchased the Sawyer on Lincoln, a 673-bed student housing community located adjacent to the University of South Carolina campus in Columbia. Inland acquired the newly delivered property on behalf of an affiliate. The seller and sales price were not disclosed. Delivered in 2023, the 277-unit Sawyer on Lincoln features one-, two- and three-bedroom, fully furnished apartments with bed-to-bath parity. Shared amenities include private and group study rooms, a 24-hour fitness center, gated resident parking garage with 525 parking spaces, package locker system for …

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Retreat-Tampa

Tampa, Fla. — A joint venture partnership between Landmark Properties and Stockbridge has acquired The Retreat at Tampa, a 416-bed student housing community located near the University of South Florida campus in Tampa. The property was developed by Landmark in 2017 and is located across the street from the southern edge of the university’s campus at 11326 N. 46th St. The cottage-style community offers 107 units in two-, three- and four-bedroom configurations. Apartments are fully furnished and feature bed-to-bath parity. Shared amenities include a resort-style swimming pool, sundeck, hammocks, cabanas, an …

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University-Edge

Waco, Texas — CBRE has brokered the sale of and acquisition financing for University Edge, a 236-bed student housing community located near the Baylor University campus in Waco. Crescent Sky Capital purchased the property for an undisclosed price from Orion Student Housing, a joint venture between Wills Cos. and WFI. Jaclyn Fitts, William Vonderfecht and Casey Schaefer with CBRE National Student Housing represented the seller in the transaction. Brad Peters and Victoria Langston, also of CBRE, secured financing on behalf of the buyer. The community offers a mix of two-, three- …

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Bixby-on-College

Providence, R.I. — A joint venture between Gilbane Development Co. and CBRE Investment Management has acquired a six-property student housing portfolio totaling 3,000 beds across the U.S. The transaction included the recapitalization of three communities and three “shovel-ready” development projects. The portfolio comprises Bixby on College near Clemson University in South Carolina; undisclosed communities near the University of Illinois and Syracuse University campuses; and three development projects serving students attending the University of Central Florida, University of Florida and University of California, Berkeley. Further details on the transaction, including the identity …

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Collective-at-Lawrence

Tuscaloosa, Ala. and Lawrence, Kan. — The Preiss Co. has acquired two student housing communities located in Alabama and Kansas. Acquisitions include The Collective at Lawrence, a 784-bed, cottage-style community located near the University of Kansas in Lawrence; and Riverfront Village, a 440-bed community located near the University of Alabama campus in Tuscaloosa. Formerly known as The Nest, The Collective at Lawrence was built in 2018 and offers 270 units. Shared amenities include a state-of-the-art clubhouse, indoor/outdoor fitness center, swimming pool, hot tub, disc golf course, soccer field and study areas. …

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Alight-Columbia

Columbia, S.C. — A joint venture between Campus Advantage and Tramview Capital Management has acquired Alight Columbia, a 700-bed student housing community located near the University of South Carolina campus in Columbia. The new ownership plans to rebrand the 206-unit property The Radley. The community offers a mix of two- and four-bedroom units alongside shared amenities including a fitness center, swimming pool, outdoor grilling station, tennis courts, basketball and sand volleyball courts, and a resident clubhouse and business center. 

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The-Ridge

Clemson, S.C. — Landmark Properties has acquired The Ridge Clemson, a 616-bed student housing community located at 205 Tiliwa Court near the Clemson University campus in South Carolina. Built in 2018, the property offers 184 fully furnished units in a mix of two-bedroom apartments and four-bedroom townhomes. Shared amenities include a resort-style swimming pool, lazy river, hot tub, jumbotron, clubhouse, full basketball court, dog park, fitness center, study lounges and a coffee bar. TSB Capital Advisors coordinated financing for the acquisition, the terms of which were not disclosed. The community was …

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Garden-Village

Berkeley, Calif. — Hawkins Way Capital has received $45 million in acquisition financing for Garden Village, a 225-bed student housing community located near the University of California, Berkeley campus. Brandon Smith, Annie Rice and Gyasi Edmondson of JLL Capital Markets secured the two-year, floating-rate financing through Limekiln Real Estate Investment Management on behalf of the borrower. The community was developed in 2016 and spans 64,301 square feet across 18 buildings. The new ownership plans to rebrand the property FOUND Study Southside Berkeley, and it will be managed by FCL Management. Built …

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