College Park, Md. — Axiom Capital Corp. has arranged the $34.5 million refinancing of a student housing property located near the University of Maryland in College Park. The fixed-rate, non-recourse loan was secured on behalf of an undisclosed borrower and
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College Park, Md. — Gilbane Development Co. has completed TEMPO, a 978-bed community serving students attending the University of Maryland in College Park. The eight-story building offers 296 units in studio, one-, two-, three-, four- and five-bedroom configurations. Each unit
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Baltimore — HH Fund has acquired Nine East 33rd, a 568-bed student housing community located across from the Johns Hopkins University campus in the Charles Village neighborhood of Baltimore. Armada Hoffler Properties Inc. sold the property for $75 million. The
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Austin, Texas and College Park, Md. — Greystar has closed on $600 million in financing for three mixed-use student housing developments located in Texas and Maryland. Construction on all projects began in October with completion scheduled for fall 2024. Developments
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Bethesda, Md. and Woodland Hills, Calif. — Walker & Dunlop (NYSE: WD) has entered into a definitive agreement to acquire Alliant Capital Ltd., a privately held affordable housing asset management firm based in Woodland Hills. Under the terms of the purchase
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Baltimore, Md. — Capstone On-Campus Management (COCM) has been awarded management of 929 Apartments, a 572-bed student housing community near Johns Hopkins University in Baltimore. The 20-story high-rise is located adjacent to the the Johns Hopkins University Medical Campus and
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Athens, Ga. — Landmark Properties has broken ground on four student housing developments worth $600 million. New projects include Phase II of The Mark at Athens near the University of Georgia; The Standard at College Park near the University of
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College Park, Md. — Gilbane Development Co. has broken ground on Tempo, a 978-bed student housing community located near the University of Maryland campus in College Park. The eight-story property will offer studio, one-, two-, three-, four- and five-bedroom, fully
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Providence, R.I. — Gilbane Development Co. has completed four student housing projects totaling over 3,000 beds. Properties include: Altus, a 720-bed community serving students attending Towson University in Maryland. The community — located within the Towson Row mixed-use development —
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Towson, Md. — Greenberg Gibbons and Caves Valley Partners will open Phase I of Towson Row, a $350 million mixed-use development in Towson, in August. The first phase includes Altus, a 214-unit student housing community that will include retail and restaurant space
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Austin, Texas— American Campus Communities (ACC) has sold The Varsity, a 901-bed student housing community located near the University of Maryland in College Park, to an undisclosed buyer for $148 million. The company also released a COVID-19 statement, outlining efforts to
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Bowie, Md. — Developer Balfour Beatty Campus Solutions is underway on a 557-bed student housing and mixed-use development in Bowie, a northeastern suburb of Washington, D.C. The 170,000-square-foot development will house students of Bowie State University and will also be
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