Arizona

Tempe, Ariz. — Subtext is set to begin construction on VERVE Tempe, a 769-bed student housing development located at 1011 E Orange St. near the Arizona State University campus in Tempe. Expected for completion in fall 2026, the 15-story community will offer 240 units in studio, one-, two-, three- and four-bedroom configurations. The 479,388-square-foot property will also feature 2,030 square feet of retail space. Shared amenities will include a coffee bar; study spaces with booths, pods and collaboration rooms; a game room with a golf simulator; rooftop pool deck; and a …

Tempe, Ariz. — LV Collective, in partnership with Kayne Anderson Real Estate and Pacific Life, is set to break ground on Rambler Tempe, an 829-bed student housing development serving students attending Arizona State University. The community, which is scheduled for completion in fall 2026, will span 552,380 square feet at 1020 East Apache Blvd. in Tempe. Work on the project began in March. Upon completion, the property will offer units in studio, one-, two-, three- and four-bedroom configurations. Shared amenities will include a café, coworking and private study rooms, content creation rooms, two …

Tempe, Ariz. — Aptitude Development has broken ground on The Marshall Tempe, a 485-bed student housing community near the Arizona State University (ASU) campus in Tempe.  Situated at 1031 E. Apache Blvd. in the University Heights neighborhood, The Marshall Tempe is located approximately 1.3 miles from the university’s registrar office, 1.5 miles from the ASU Art Museum and one mile from the Sun Devil campus store. The Marshall Tempe is slated for completion prior to the fall 2026 semester. Planned amenities include a swimming pool, cold plunge, sauna, study lounges …

Tucson, Ariz. — A joint venture between Core Spaces, Up Campus Properties and Harrison Street has acquired a development site near the University of Arizona campus in Tucson. The site will be home to a 648-bed student housing community dubbed Hub Tucson V. TSB Capital Advisors acted as financial advisor to the joint venture in the acquisition. Set for delivery in fall 2025, the community will offer 161 units in a mix of studio, one-, two-, three-, four-, five- and six-bedroom configurations. Shared amenities will include a luxury rooftop deck …