New York City — Douglas Sitt has joined Vesper Holdings as executive vice president and head of capital markets. In his new role, Sitt will oversee the company’s investment and fundraising efforts, and manage its relationships with institutional investors and
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New York City — Global Student Accommodation (GSA) has hired Michael Neeley has asset management director. In his new role, Neely will be responsible for driving rehabilitation, reconfiguration and redevelopment activity across the company’s U.S. portfolio. Neeley will also work to
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New York City — ButterflyMX, a provider of access control technology for multifamily, commercial and student housing properties, has partnered with RemoteLock. Through the partnership, the companies will offer the opportunity to replace traditional keyed access to apartment units and
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New York City and Austin, Texas — Blackstone Inc. has completed the previously announced acquisition of American Campus Communities (ACC) in a deal valued at $12.8 billion, including the assumption of debt. Austin, Texas-based ACC is the largest publicly traded
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New York City — Pre-leasing velocity and rental rate growth for the upcoming academic year in student housing are exceeding pre-pandemic levels, according to Berkadia’s latest Student Housing: Pre-leasing Report 2022. The report, which utilizes data from universities tracked by
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New York City — ButterflyMX has acquired cloud-based access control company CloudKeyz. The New York City-based company’s acquisition of CloudKeyz will provide existing and future clients with four access control devices. These devices fully integrate with ButterflyMX OS — its online
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New York City and Austin, Texas — Blackstone Inc. (NYSE: BX) has agreed to acquire American Campus Communities (NYSE: ACC) in a deal valued at $12.8 billion, including the assumption of debt. ACC is the largest publicly traded owner, manager and developer
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Syracuse, N.Y. — Champion Real Estate Co. has acquired Campus Hill Apartments, a 715-bed student housing community near Syracuse University, for $65 million. The property offers fully furnished units across 51 buildings. The community will be rebranded Victory at Syracuse
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Rochester, N.Y. — Aptitude Development has broken ground on The Marshall at Rochester, a 494-bed student housing community located near the Rochester Institute of Technology in New York. The six-building property will offer units with bed-to-bath parity. Shared amenities are
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Rochester and Buffalo, N.Y. and Wilmington, N.C. — Berkadia has secured a preferred equity partner for the recapitalization of a 1,350-bed student housing portfolio owned by OC Ventures. The properties are located in Rochester and Buffalo, New York, as well
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New York City — Global Student Accommodation (GSA) has appointed Mark Ortiz to the role of Chief Financial Officer. Ortiz will play a key role in developing the company’s business internationally and in the U.S. following the opening of GSA’s New
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New York City — Vesper Holdings has promoted Dan Shoepe to the position of COO at Campus Life & Style (CLS), the company’s wholly-owned property management arm. In his new role, Shoepe will be responsible for planning and managing the
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