Bozeman, Mont. — A joint venture between TPG Real Estate Partners and Cardinal Group Investment Management has acquired The Arrow Townhomes and Flats, an 887-bed student housing community located near the Montana State University campus in Bozeman. Constructed in 2019, the property offers a mix of one-, two-, three-, four- and five-bedroom units with bed-to-bath parity. Shared amenities include a resort-style swimming pool, state-of-the-art fitness center, 24-hour clubhouse, sauna, steam room and multiple study areas. The undisclosed seller in the transaction was represented by Berkadia. CBRE advised on debt for …
Missoula, Mont. — Campus Advantage has been awarded management of ROAM, a 498-bed student housing community currently under development near the University of Montana in Missoula.
Missoula, Mont. — Farran Realty Partners has awarded Grand Campus Living management of 46 North Apartments, a 468-bed student housing community under development near the University of Montana in Missoula.
Kalispell, Mont. — The Flathead Valley Community College Board of Trustees has approved the development of approximately 100 beds on the college’s Kalispell campus.
Missoula, Mont. — The property will be the first fully amenitized, purpose-built student housing community designed for the students at the University of Montana.