Atlanta — Blue Vista Capital Management and StepStone Real Estate, the real estate arm of investment firm StepStone Group, have announced a $90 million co-investment partnership with a focus on purpose-built student housing. The partnership’s first investment will be Theory
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Gainesville, Fla. and Atlanta — PeakMade Real Estate and Blue Vista Capital Management have secured construction financing for two student housing projects located in Florida and Georgia. Developments include Theory Gainesville, an 861-bed student housing community located near the University
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New York City — Vesper Holdings has acquired a four-property student housing portfolio totaling 2,761 beds for $240 million. Acquisitions include a 635-bed community located near Indiana University; a 699-bed community located near the University of Kentucky; a 736-bed community
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Carrollton, Ga. — Aspen Square Management has acquired Timbercrest at Carrollton, a 792-bed student housing community located near the University of West Georgia in Carrollton. Sean Baird of Colliers arranged the acquisition of the property from DoubleLine Capital for an
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Athens, Ga. — Landmark Properties has formed a joint venture with a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) initially targeting $1 billion in investment. The venture will be focused on acquiring and operating value-add student housing properties
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Atlanta — PeakMade Real Estate is set to retire its Peak Campus and PeakMade Communities brands, operating under one name for both its student housing and multifamily platforms. This strategy will allow the company to grow vertically as an integrated
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Athens, Ga. — Landmark Properties and Blackstone Real Estate Income Trust Inc. (BREIT) have acquired a four-property student housing portfolio totaling 2,248 beds. The sale is part of a joint venture announced in August 2021 for the two companies to
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Athens, Ga. — Lincoln Ventures has closed on the development site for 558 West Broad, a 750-bed community located near the University of Georgia campus in Athens. The 600,000-square-foot property will offer 342 units in one- to five-bedroom floor plans.
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Statesboro, Ga. — Campus Apartments has acquired The Hudson, a 780-bed student housing community located near Georgia Southern University in Statesboro. The garden-style property offers studio, one-, two-, three- and four-bedroom units. Shared amenities include a newly-renovated clubhouse, 24-hour fitness
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Atlanta — PeakMade Real Estate has promoted Mike Sharpenberg to the role of senior director of financial planning and analysis (FP&A). In his new role, Sharpenberg will support and advise on company-wide initiatives while providing oversight to the FP&A team.
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Athens, Ga. — Landmark Properties has hired Justin Hu as managing director of investment management. In his new role, Hu will work closely with Landmark’s new build-to-rent (BTR) division and be responsible for structuring joint ventures, closing on new investments
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Kennesaw, Ga. — PeakMade Real Estate has been awarded management of Bixby Kennesaw, a 665-bed student housing community located near the Kennesaw State University campus in Georgia. The property offers studio through five-bedroom fully furnished units. Shared amenities include a
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