Missouri

Columbia, Mo. — Vesper Holdings has acquired Brookside Downtown, an 834-bed student housing community located near the University of Missouri campus in Columbia, for an undisclosed price. The property consists of seven adjacent mid-rise buildings developed between 2010 and 2024. The community offers units in a mix of one-, two-, three- and four-bedroom configurations with bed-to-bath parity. Shared amenities include ground floor retail space, a study center, state-of-the-art fitness center and rooftop pool and sundeck. Ryan Lang of Newmark represented the undisclosed seller in the disposition. Ben Roelke of Newmark secured …

Columbia, Mo. — CBRE has arranged the sale of The Den, a 552-bed student housing community located near the University of Missouri campus in Columbia. A joint venture between The Michaels Org. and Capital Solutions Inc. purchased the property from Hamilton Point Investments for an undisclosed price. Jaclyn Fitts, William Vonderfecht and Casey Schaefer with CBRE National Student Housing represented the seller in partnership with Matt Bukhshtaber of CBRE’s St. Louis office. The Den offers two- and four-bedroom units with bed-to-bath parity. Shared amenities include a swimming pool and sundeck, fitness …

Columbia, Mo. — The Preiss Co. has acquired Elevate 231, a 972-bed student housing community located near the University of Missouri campus in Columbia. The development, which has been rebranded The Collective at Columbia, offers 318 cottage-style units in two- through four-bedroom configurations. Shared amenities at the 50-acre property include a newly renovated clubhouse, resort-style swimming pool, dog park, sand volleyball court and outdoor grilling and cornhole areas. The community was fully occupied at the time of sale. The new ownership plans to launch a comprehensive interior renovation for approximately half …

Columbia, Mo. — A joint venture between Centurion Property Group and Ideas en Desarrollo (IDE) has acquired Grindstone Canyon, a 384-bed student housing community located near the University of Missouri campus in Columbia. Developed in 2003, the property offers a mix of one-, two- and three-bedroom fully furnished units. Shared amenities include a swimming pool, study lounge and fitness center. The new ownership plans to implement capital improvements, details of which were not disclosed. The acquisition of the property from an undisclosed seller was brokered by CBRE. 

Columbia, Mo. — Centurion Property Group has acquired Grayson Cottages, a 513-bed student housing community located near the University of Missouri campus in Columbia. Built in 2007, the property offers a mix of two-, three- and four-bedroom units. Shared amenities include a swimming pool, study center, fitness facility and sand volleyball court. The acquisition of the property was brokered by CBRE. The seller and terms of the transaction were not disclosed. 

St. Louis — Newmark has arranged the sale of Everly on the Loop, a 428-bed student housing property located near the Washington University campus in St. Louis. Ryan Lang, Jack Brett, Ben Harkrider and Mac Crowther of Newmark represented the seller, a partnership between GMH Communities and AGC Partners, in the disposition of the property to R5. Built in 2017, the property offers fully furnished studio, one-, two- and three-bedroom units with bed-to-bath parity. Shared amenities include a fitness center, rooftop deck and swimming pool, yoga and spin studio, study …