Los Angeles — Champion Real Estate Co. has acquired two former fraternity houses located at 624 W 28th St. and 2715 Portland St. near the University of Southern California (USC) campus in Los Angeles for $16.7 million. Two subsidiaries of
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Los Angeles — Landmark Properties is set to break ground on The Mark at Los Angeles, a 166-bed student housing development located adjacent to the University of California, Los Angeles (UCLA) campus at 10915 Strathmore Drive. The community will offer
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Irvine, Calif. — SmartStop Asset Management, a privately held alternative asset management and real estate investment firm, has changed its name to Strategic Asset Management I (SAM). The company is set to relocate its headquarters to Irvine, California, during the second
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Los Angeles — CBRE has arranged the sale of Studio 11024, a 160-bed student housing property serving students attending the University of California, Los Angeles (UCLA). The 31-unit community was built in 2015 in the Westwood neighborhood of Los Angeles.
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Los Angeles — Champion Real Estate Co. has sold Victory on Ellendale, a 96-bed student housing property located near the University of Southern California (USC) in Los Angeles, for $20.5 million. The property was renovated in 2019, with upgrades including the
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Davis, Calif. — Construction is underway on Orchard Park, a 1,600-bed student housing community located on the University of California, Davis campus. The property will target graduate students, offering units at below-market rates. The community is scheduled for completion in
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San Jose, Calif. — CIM Group has provided a $150 million refinancing to AMCAL Equities and Star America for The Grad, a 1,039-bed student housing community located near San Jose State University. The 19-story property offers studio, two-, three-and four-bedroom,
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San Jose, Calif. — Urban Catalyst has received approval for development of The Mark, an 850-bed student-focused community located one block from the San Jose State University (SJSU) campus in California. Groundbreaking is expected before the end of this year
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Davis, Calif. — HighBridge Properties has opened The Ryder on Olive, a 706-bed community located near the University of California, Davis. The 260,000-square-foot, LEED Gold certified property offers a mix of two-, three-, four- and five-bedroom, fully-furnished units. Shared amenities
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Los Angeles — Core Spaces has received construction financing for Hub on Campus II, a 577-bed student housing development located near the University of Southern California (USC) in Los Angeles. TSB Capital Advisors secured the loan through Square Mile Capital
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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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Last week, California lawmakers approved a housing program that would provide $500 million of the state’s budget to public colleges and universities for the development or renovation of affordable housing for students. The program is awaiting Governor Gavin Newsom’s signature,
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