Tucson, Ariz. — Pierce Educations Properties has been awarded management of The Junction at Iron Horse, a 232-bed student housing community located near the University of Arizona in Tucson.
Arizona
Scottsdale, Ariz. — Caliber, with the Caliber Distressed Real Estate Income Fund (CDIF, LLC) and its investment partners via GC Square, have acquired a four-building, 164-unit apartment complex near Grand Canyon University (GCU) in Scottsdale for $6.5 million.
Newtown Square, Pa. — GMH Capital Partners has acquired three student housing assets from Kayne Anderson Real Estate Advisors: The Rise at Northgate, located in College Station, Texas, serving the students of Texas A & M University, and Sol y Luna (formerly Next and Level), located in Tucson, Arizona, adjacent to the University of Arizona.