Norfolk, Va. — TSB Realty has secured the sale of The Next at ODU, a 909-bed student housing property located near Old Dominion University in Norfolk. The Michaels Organization sold the community to Saxum Real Estate for an undisclosed price.
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New York City — Vesper Holdings has acquired a four-property student housing portfolio totaling 2,761 beds for $240 million. Acquisitions include a 635-bed community located near Indiana University; a 699-bed community located near the University of Kentucky; a 736-bed community
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Richmond, Va. — Pinecrest has broken ground on Parc View at Commonwealth, a 509-bed student housing development serving students attending Virginia Commonwealth University in Richmond. The 275,000-square-foot property will offer a mix of one-, two-, three- and four-bedroom units with
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Williamsburg, Va. — Broad Street Realty has acquired Midtown Row, a 620-bed student housing community located near the College of William & Mary campus in Williamsburg, for $122 million. The property offers 240 units alongside 63,573 square feet of retail. The
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Fairfax, Va. — RISE: A Real Estate Co. has broken ground on The Main on University, a 793-bed student housing development located near George Mason University in Fairfax. The community is part of a larger mixed-use development, One University, which
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Roanoke, Va. — University Housing Group (UHG) has sold three student housing communities located in Arkansas, Tennessee and Nevada. The three properties total 1,171 beds and serve students attending the University of Arkansas in Fayetteville; the University of Tennessee in Knoxville;
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Charlottesville, Va. — University Partners has acquired The Pavilion at North Grounds, a 528-bed student housing property located near the University of Virginia in Charlottesville. The community was developed in 2013 and offers a mix of one-, two- and three-bedroom
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Fairfax, Va. — The Fairfax County Redevelopment and Housing Authority (FCRHA) has closed on financing for the development of One University, a mixed-use project located near the George Mason University campus. Groundbreaking is scheduled for January 2022. The development will
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Richmond, Va. — Coastal Ridge Real Estate has been awarded management of Ascend RVA, a 468-bed community currently under development by The Opus Group near the Virginia Commonwealth University campus in Richmond. The 12-story property will offer furnished studio to
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Blacksburg, Va. — Coastal Ridge Real Estate has been awarded management of a 3,078-bed portfolio serving students attending Virginia Tech University in Blacksburg. The properties, which are owned by San Francisco-based Reliant Group, include Collegiate Suites & Hunters Ridge, Maple
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Blacksburg, Va. — Graystone Fund I (GFI) has acquired Hearthstone Apartments, a 158-bed multifamily portfolio located near the Virginia Tech campus in Blacksburg, for $16.9 million. The portfolio is 20 percent occupied by undergraduate students, with the rest of the units
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Blacksburg, Va. — Graystone Fund I (GFI) has acquired a 456-bed, 140-unit portfolio of student housing near the Virginia Tech University campus in Blacksburg for $33.8 million. The properties were previously owned and managed by BCR Property Management. GFI plans to
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