Lexington, Ky. — Capstone Real Estate Investments (CREI) has acquired The Mark at Lexington, a 676-bed student housing community located near the University of Kentucky campus in Lexington. The seller and terms of the transaction were undisclosed. CREI plans to
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Murray, Ken. — Capstone Apartments Partners has arranged the $7.2 million sale of Station 74, a 268-bed student housing community serving Murray State University in Kentucky. Jonathan Hawks, Adam Klenk, Austin Heithcock and Bryse Toothaker of Capstone represented the seller,
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Lexington, Ky. — Peak Campus has been awarded management of The Mark at Lexington, a 676-bed student housing community located near the University of Kentucky. The property is located less than a mile from the university’s campus in Lexington and
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Texas, Colorado and Kentucky — ARA Newmark has arranged the sale of six student housing properties located in Texas, Colorado and Kentucky.
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Lexington, Ky. — The University of Kentucky Board of Trustees has approved the next phase of the university’s on-campus housing revitalization that will bring the total number of beds delivered or currently under development to 6,850.
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Louisville, Ky. — Doster Construction has completed the $45.8 million construction of the 758-bed Clubhouse Student Apartments in Louisville adjacent to the University of Louisville campus.
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Bowling Green, Ky. — Pierce Education Properties (PEP) has purchased a 756-bed, off-campus student housing community near the campus of Western Kentucky University in Bowling Green called College Suites.
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Lexington, Ky. — The University of Kentucky Board of Trustees has approved the next phase of the university’s on-campus housing revitalization that will bring the total number of beds delivered or currently under development to 6,504.
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Louisville, Ky. — 908 Development Group, in a venture with Harrison Street Real Estate Capital, has begun construction on The Nine at Louisville, a 385-bed, urban infill project located adjacent to the University of Louisville.
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BUYERS (AND SELLERS) ARE BACK The investment sales market is active and vital, and pent-up equity and a new cast of buyers should ensure it will stay that way throughout the year.
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