Lafayette, Ind. — Trinitas Ventures has announced several new hires and promotions in preparation for further growth of the company. Brad Bennett has been promoted to the role of executive vice president of development. In his new position, Bennett will
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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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Indianapolis — Capstone Real Estate Investments (CREI) has acquired The Tyler Indianapolis, a 260-unit student housing community in downtown Indianapolis. The property was constructed in 2011 and serves students attending Indiana University – Purdue University Indianapolis. The mid-rise community offers
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Bloomington, Ind. — Aspen Heights Partners is set to break ground on Aspen Heights Bloomington, a 671-bed community located near the Indiana University Bloomington campus. The four-building property will offer shared amenities including outdoor courtyards, a resort-style swimming pool, state-of-the-art
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Lafayette, Ind. — Triad Real Estate Partners has arranged the $34 million sale of MARQ, a 110,075-square-foot community located near Purdue University in Lafayette. The 101-unit property offers shared amenities including a fitness center, resident lounge and a green roof
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West Lafayette, Ind. — Granite Student Living has acquired the property management division of Tempo Properties for an undisclosed price. Tempo’s third-party management platform serves a 900-bed portfolio of student housing properties located near Indiana University in Bloomington. “Bloomington is
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Athens, Ga. — Landmark Properties has unveiled plans to develop three new student housing projects totaling 2,544 beds across three states. The developments include The Standard at Philadelphia adjacent to the University of Pennsylvania and Drexel University; The Standard at
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Bloomington, Ind. — MultiVersity Housing Partners has acquired two student housing communities near the Indiana University campus in Bloomington for an undisclosed price. Acquisitions include 10 North and The Crest. Both properties were built in 2014 and offer studio, one-
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New Albany, Ind. — Berkadia has secured $8.9 million in acquisition financing for a 141-unit student housing property located near the Indiana University Southeast campus in New Albany. Jason Brown and Sam Orman of Berkadia secured the three-year bridge loan
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West Lafayette, Ind. — Blacksburg, Virginia-based Pointe West Management — a third-party operator serving a portfolio of 2,500 beds surrounding Virginia Tech University — has merged with Granite Student Living. West Lafayette-based Granite provides third-party management for a portfolio of
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Indianapolis — The Annex Group has announced plans to break ground on $445 million worth of new development projects in Montana, Washington, Iowa, Kansas, Michigan, Indiana, Oregon, North Carolina, Kentucky and Nebraska. Together, the projects will include 406 workforce housing
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South Bend, Ind. — An investment affiliate of Redstone Residential has acquired University Edge, a 528-bed student housing community located near the University of Notre Dame campus in South Bend, for $43 million. Kevin Larimer of Berkadia brokered the disposition of
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