Miami — L3 Campus has promoted several executives in the firm’s Miami headquarters. Ben Rosengart has been promoted to the role of president and chief investment officer. He will oversee all aspects of the firm’s investment strategy, including acquisitions, dispositions and capital markets activities. Jamie Grant has been named chief operating officer. Grant will be responsible for the firm’s strategic and operational planning, as well as optimizing collaboration to drive success. She will also be responsible for managing the firm’s day-to-day operations. Paul Salvesen has been promoted to chief financial officer. …
Florida
Core Spaces, Peerless Development Top Out 1,316-Bed Development Near Florida State University
Tallahassee, Fla. — A joint venture between Core Spaces and Peerless Development has topped out construction on Hub Tallahassee, a 1,316-bed development located at 504 West Tennessee St. near the Florida State University campus in Tallahassee. The property will span 451,000 square feet and offer 367 units. Shared amenities will include a rooftop pool, fitness center, spa and study spaces. The development team for the project, which is scheduled for completion in fall 2026, includes The Inland Real Estate Group of Cos., Niles Bolton Associates and Juneau Construction Co.
Conway, S.C., Ruston, La. and Tampa, Fla. — JLL Capital Markets has secured refinancings for three student housing communities across the Southeast. Lee Weaver, Melissa Marcolini Quinn, Rob Rothaug and Jade Starkey of JLL worked on behalf of Commercial Street Partners to secure a $97.5 million refinancing for Apella on Newport in Tampa. The three-year, floating-rate loan was placed through MF1/Limekiln Real Estate Investment Management. The newly constructed community spans 195,076 square feet at 311 North Newport Ave. near the University of Tampa campus. The property offers 576 beds across 150 …
RoomSync, Counslr Announce Strategic Partnership to Provide On-Demand Mental Health Support for Students
Gainesville, Fla. and New York City — Digital mental health company Counslr has announced a strategic partnership with roommate matching software firm RoomSync to provide Fall Pass, an on-demand mental health support and wellness resource for student residents. The service will specifically target the surge of stress students feel during move-in by offering residents unlimited access to Counslr for their first 90 days living in a new community. New York City-based Counslr is a text-based mental health support application that provides unlimited access to wellness resources and live texting sessions with …
Pensacola, Fla. — JLL has arranged the sale of The Edge, a 344-bed student housing property located near the University of West Florida campus in Pensacola. Built in 2017, the community offers 84 fully furnished units in three-, four- and five-bedroom configurations. Shared amenities include a 24-hour fitness center, cyber café, coffee bistro, resort-style pool, grilling area and hammocks. The property was 97 percent leased for the 2024-2025 academic year. Joe Ayers and Cliff Taylor of JLL arranged the disposition on behalf of the seller, Campus Realty Advisors. The buyer and …
Raleigh, N.C. — The Preiss Co. has recapitalized a portfolio of five undisclosed student housing properties. The communities span 3,700 beds and serve students attending The University of Texas at Austin, North Carolina State University, Texas State University, The University of Florida and Indiana University. Details of the recapitalization were not released. As part of the recapitalization, all five properties will undergo renovations to shared amenity spaces. Planned upgrades include the addition of modern furniture, updated finishes and state-of-the-art fitness equipment. Several properties will also receive unit interior renovations including the …
Gilbane, CBRE Investment Break Ground on 702-Bed Development Near University of Florida
Gainesville, Fla. — A joint venture between Gilbane Development Co. and CBRE Investment Management has broken ground on Zaya, a 702-bed development located near the University of Florida campus in Gainesville. The community will offer 352 units with bed-to-bath parity. Shared amenities will include a rooftop deck with a pickleball court, pool, clubhouse and fitness center; study rooms on each floor; a co-working lounge; leasing lobby with a coffee bar; and three courtyards with lawn games, outdoor cooking space and lounges. Site work has commenced for the development with completion scheduled …
Portman, 908 Group Begin Vertical Construction on 674-Bed Development Near Florida State University
Tallahassee, Fla. — A joint venture between Portman and 908 Group has begun vertical construction on The Hall, a 674-bed student housing development located directly across from Florida State University’s College of Business in Tallahassee. Scheduled for completion in summer 2026, the community will offer 191 units across two mid-rise buildings. Shared amenities will include a rooftop pool and state-of-the-art fitness center, alongside 7,269 square feet of retail and 452 dedicated parking spaces. The development team for the project includes Canyon Partners Real Estate, PTM Partners and Humphreys & Partners.
Gainesville, Fla. — Centurion Property Group has acquired CANOPY, a 770-bed student housing community located near the University of Florida campus in Gainesville. Built in 2009, the property offers units in a mix of two-, three- and four-bedroom configurations. Shared amenities include a resort-style pool, state-of-the-art fitness center, study lounge, dog park and sand volleyball court. The new ownership plans to begin capital improvements to the property imminently. Newmark brokered the acquisition. The seller and terms of the transaction were not released.
Up Campus Student Living to Break Ground on 782-Bed Development Near Florida State University
Tallahassee, Fla. — Up Campus Student Living is set to break ground on Leo Tallahassee, a 782-bed student housing development located near the Florida State University campus in Tallahassee. TSB Capital Advisors secured construction financing for the project through CIBC Bank USA with additional participation from Trustmark and Republic Bank. The community, which is scheduled for completion in fall 2027, will offer 277 fully furnished units. Shared amenities will include a 9,500-square-foot, tenth-floor deck with a pool and hot tub, jumbotron, cabanas and grills; a study lounge with group and individual …