Flagstaff, Ariz. — A joint venture between Coastal Ridge Real Estate and Goldman Sachs Asset Management has acquired the Commons at Sawmill, a 448-bed student housing community near Northern Arizona University in Flagstaff. The property offers studio, two- and four-bedroom,
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Phoenix — A joint venture between Medistar Corp., GMH Communities and CBRE Investment Management has broken ground on Central Station, a 1 million-square-foot mixed-use development located adjacent to Arizona State University’s Downtown Phoenix campus. The project is being built through
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Tempe, Ariz. — Interior design firm Mary Cook Associates (MCA) has completed the interiors at CANVAS, an 826-bed student housing development near Arizona State University in Tempe. The project was delivered in August 2021 by Toll Brothers Campus Living. The
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Tempe and Glendale, Ariz. — Harrison Street has acquired a 45 percent interest in American Campus Communities’ (ACC) eight-property on-campus student housing portfolio at Arizona State University (ASU) through a joint venture partnership. The portfolio includes 8,187 beds across seven
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Tempe Ariz. — Invesco Real Estate Income Trust Inc. (INREIT) has acquired an 833-bed student housing community located near Arizona State University in Tempe. Developed in 2017, the 13-story property offers 384 units. The community was fully leased at the
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Tempe, Ariz. — Tara Investment Group has acquired The Mark, a 229-bed student housing community located near the University of Arizona in Tempe, from Nelson Partners for $36.1 million. The property offers furnished and unfurnished studio, one- and two-bedroom units
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Tempe, Ariz. — University Partners has acquired Apollo Tempe, a 943-bed student housing community located near the Arizona State University campus in Tempe. Gilbane Development Co. delivered the community in 2020, which offers a mix of one-, two-, three- and
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Chicago — CA Student Living has completed four student housing communities totaling 2,241 beds. Deliveries include HERE Atlanta, a 784-bed property located near the Georgia Institute of Technology in Atlanta; Uncommon Flagstaff, a 587-bed community serving students attending Northern Arizona
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Tucson, Ariz. — Taylor Street Advisors has arranged the sale of Saratoga Apartments, a student housing property located at 901 N. First St. in Tucson. The property is situated about 1.3 miles west of the University of Arizona. An undisclosed buyer acquired the
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Tempe, Ariz. — A joint venture between Toll Brothers Campus Living and Harrison Street is set to break ground on Canvas, an 826-bed community serving students attending Arizona State University in Tempe. The six-story property will offer units with bed-to-bath
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Phoenix — The availability of financing for student housing projects has been the subject of much discussion over the past several months, but according to TSB Capital Advisors Founder Tim Bradley, there is capital available for the right deal. The
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Providence, R.I. — Gilbane Development Co. has completed four student housing projects totaling over 3,000 beds. Properties include: Altus, a 720-bed community serving students attending Towson University in Maryland. The community — located within the Towson Row mixed-use development —
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