Denver — Cardinal Group Cos. has recapitalized an eight-property portfolio of student housing communities totaling 5,505 beds. The portfolio consists of mid-rise and garden-style properties located near Tier I universities. Prior to the recapitalization, the portfolio was held in a
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Denver — Yugo has named Simon Leopold global chief financial officer. In his new role, Leopold will lead the Denver-based company’s global finance function and compliance teams while working with key stakeholders to support Yugo’s strategic growth targets, with a focus
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Boulder, Colo. — CBRE has arranged the sale of a two-property student housing portfolio located near the University of Colorado, Boulder. Greystar acquired the communities — The Hive 9Seventy and The Hive Baseline — for an undisclosed price. Jaclyn Fitts,
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Denver, Colo. — Global student housing operator Yugo has appointed Rui Barros to the role of global chief operating officer. In his new role, Barros will lead the Denver, Colorado-based company’s operations and commercial teams, while working with partners to
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Denver, Colo. — Global student housing operator Yugo has appointed Aly El-Bassuni to the role of chief executive officer. In his new role, El-Bassuni will lead the Denver-based company with a focus on strategic growth, embedding value and driving global
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Denver — A joint venture between Hybridge Capital Management and Productive Capital Associates has purchased The Villas, a student housing property in Denver, from Central Street Capital for $40 million in an off-market transaction. The 360-bed community is located near
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Denver — The University of Denver has opened a community commons, residence hall and a 23,000-square-foot career center ahead of the 2021-2022 academic year. The Dimond Family Residential Village offers 501 beds targeted for freshman students and was designed by University
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Denver, Colo. — Nicholas Porter of Global Student Accommodation Group (GSA) has launched Yugo, a Denver-based company focused on student housing operations. The company was created through the merging of three international operating brands under GSA’s umbrella — The Student
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Denver — University and Evans, a limited liability company based in Denver, has completed the disposition of the fee simple interest in University Lofts, a student housing and retail property located at 2076 University Blvd. in Denver. An entity doing business
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Fort Collins, Colo. — Brickstone Partners has acquired two student housing communities near the Colorado State University campus in Fort Collins for $81 million. The 288-unit portfolio includes Landmark and Stone Creek apartment communities. The new ownership is set to
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Denver — Cardinal Group Cos. has announced the launch of a new consulting division. The Denver-based company will offer consulting services including market research on supply and demand, historical occupancy, rent growth and demographics; competitive set analysis, including the identification
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Denver — Cardinal Group Cos. has hired Madison Meier as vice president of capital markets for the company’s investment arm, Cardinal Group Investments (CGI). In her new role, Meier will be responsible for all investor relations activities at CGI, including development
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