Chicago — CA Ventures has sold an 897-bed student housing portfolio located in the U.K. for a combined £161 million. The properties were acquired by funds managed by Apollo Global Management. Dispositions include Hillside House, a 250-bed community serving students
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Champaign, Ill. — Marcus & Millichap has brokered the $150 million sale of a 50-property student housing portfolio located near the University of Illinois Urbana-Champaign. Together, the buildings offer 1,100 units and total 863,961 square feet of space. The portfolio
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Austin, Texas — Newmark has brokered the sale of a four-property portfolio of mid-rise student housing properties totaling 1,441 beds. The properties are situated adjacent to public universities in the Southeast and Illinois. Ryan Lang, Jack Brett, Ben Harkrider, Tim
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Chicago — Interra Realty has brokered the $5.2 million sale of The Loyola, a newly-constructed, four-story student housing community located in Chicago’s Rogers Park neighborhood. The property offers 49 beds in 11 units alongside 1,500 square feet of ground-floor retail
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Chicago — Commercial real estate firm Vestian has announced the formation of its Higher Education and Public Institutions group. Leading the practice in Cleveland will be industry veteran Kevin Slesh. Prior to joining Chicago-based Vestian, Slesh spent 15 years leading strategic
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Chicago — The Scion Group has announced the acquisition of 32 student housing properties totaling 20,000 beds. Acquisitions were completed in separate transactions through investment partnerships with a Brookfield private real estate fund and with PGIM Real Estate. Twenty-seven of
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Chicago — Core Spaces has announced a number of executive team updates, including the naming of John Wieker as chief financial officer, Brendan Miller as chief investment officer of student housing, and Cliff Payne as chief investment officer of build-to-rent.
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Chicago — Harrison Street has sold two student housing portfolios totaling over 23,000 beds for a combined $1.9 billion. The Chicago-based firm sold a 12-property portfolio totaling 8,182 beds to Global Student Accommodation (GSA) and a 25-property portfolio totaling 15,817
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Chicago — Michael Hales is set to depart his role as president of CA Student Living (CASL). Hales has served in a number of positions within the Chicago-based firm, including chief financial officer and chief operating officer. The company’s board
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Chicago and Charleston, S.C. — Harrison Street has acquired a minority interest in a five-property portfolio of on-campus communities as part of its joint venture with Greystar Real Estate Partners. The five communities total 3,833 beds and are located at
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Chicago — The Scion Group has hired Kenneth Funk as senior vice president of operations. Prior to joining The Scion Group, Funk worked as senior vice president of operations for Great Wolf Resorts and vice president of Walt Disney Theme
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Chicago — Chicago-based Alliant Credit Union has provided over $51 million in financing for three student housing properties located near Louisiana State University (LSU) in Baton Rouge, Baylor University in Waco, Texas, and the University of Tennessee in Knoxville. In
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