Austin, Texas — TSB Realty has arranged the sale of 21 Rio, a 296-bed student housing community located near the University of Texas at Austin. Nimes Real Estate purchased the property from a joint venture between CA Student Living and
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Ruston, La. — Timberline Real Estate Ventures has sold CEV Ruston, a 432-bed community serving students attending Louisiana Tech University in Ruston. Constructed in 2008, the property offers two- and four-bedroom fully furnished units. Shared amenities include a fitness center,
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Anaheim, Calif. — Berkadia Institutional Solutions has arranged the sale of Anavia, an apartment community in Anaheim’s Platinum Triangle area. Essex sold the asset to Chapman University for an undisclosed price. Tom Moran of Berkadia Irvine handled the off-market transaction.
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Waco, Texas — Newsome Development and Investments has sold 11th Street Flats, a 134-bed student housing property located near Baylor University in Waco. Teddy Leatherman, Stewart Hayes and Scott Clifton of JLL represented the seller in the disposition of the
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Berkeley, Calif. — Valiance Capital has acquired a development site at 2538 Durant Ave. near the University of California, Berkeley, campus. The company plans to replace an existing 12-unit apartment building on the site with an eight-story community offering 270
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Denver — Berkadia has negotiated the sale of University Lofts, a mixed-use student housing community in Denver. Amplify Development Co. sold the propery to an undisclosed buyer for $24.5 million. Located at 2372 E. Evans Ave., University Lofts features 36 units
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Tallahassee, Fla. — Cushman & Wakefield has arranged the $16 million sale of Vertex, a 310-bed student housing community located at 1832-1834 Jackson Bluff Road near the Florida State University campus in Tallahassee. Travis Prince, Victoria Marks and Shawn Lubic
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College Station, Texas — Tailwind Group has acquired Campus Crossings on Marion Pugh, a 628-bed student housing property located near Texas A&M University in College Station. Brandon Buell of Berkadia brokered the acquisition of the property from Campus Apartments. The
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Eugene, Ore. — PTLA Real Estate has acquired a four-property student housing portfolio near the University of Oregon campus in Eugene. The communities — named The Anthony, The Pearl, Westgate and The Sonja — offer a total of 186 units
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The Nov. 2 webinar “Student Housing Demand — 2022 Review & 2023 Outlook,” hosted by Student Housing Business and sponsored by Yardi, covered the larger economic outlook, enrollment, the health of student housing and “shadow markets” (nearby apartments competing for residents), industry fundamentals
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Orlando, Fla — Landmark Properties has acquired Knightshade, a student housing community located near the University of Central Florida campus in Orlando. The property was developed originally by Landmark in 2014 and will be rebranded The Retreat West. The community
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Tucson, Ariz. — Vesper Holdings has acquired Sol y Luna, a 972-bed student housing community located near the University fo Arizona in Tucson, for $203 million. The acquisition ranks among the five largest single-asset purchases in student housing history and
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