Providence, R.I. — Hawkins Way Capital has acquired The Edge at College Hill, a 247-unit community located in downtown Providence. The property serves students attending Brown University, the Rhode Island School of Design (RISD) and Johnson & Whales University. Following capital improvements, the community will be rebranded FOUND Study College Hill. The property consists of a 15-story building and a five-story building offering studio, one- and two-bedroom units. Shared amenities include a rooftop clubhouse, state-of-the-art fitness center and ground floor retail space.
East Greenwich, R.I. — Corvias has named Thelma Edgell senior vice president of property management for the company’s higher education portfolio. In her new role, Edgell will be responsible for ensuring operational, financial and programmatic success for the East Greenwich, Rhode Island-based company’s portfolio, while also delivering value to its student residents and partners. Edgell joins Corvias with over 20 years of experience in property management and operations throughout the U.S., where she oversaw 25 assets both on and off campus. “This is a tremendous opportunity to share and utilize …
East Greenwich, R.I. — Corvias has named Tim Toohey managing director of the company’s higher education portfolio. In his new role, Toohey will serve as the business lead responsible for the overall financial performance of the East Greenwich-based company’s portfolio and executive partner relationships. This new leadership role is part of Corvias’ continued intention to elevate and invest in its higher education business. “Tim’s appointment reflects the priority we take in our higher education partnerships, which have endured successfully through a challenging 18-months in the wake of COVID and during …
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 — offers shared amenities including a fitness center, computer lounge, study rooms, a game room, swimming pool, grilling area, fire pit, bocce court and pet park. Apollo, a mixed-use community offering 943 beds of student housing, 64 units of traditional multifamily housing and 12,000 square feet of retail space near Arizona …
Providence, R.I. — Gilbane Development Co. has hired Geoff Eisenacher as senior development director of student housing and public-private partnerships. In this position, Eisenacher will coordinate all phases of the development and partnership delivery process, manage contract negotiation and research and identify potential strategic partnerships. Eisenacher most recently served as partnership solution provider at Corvias. “Geoff’s depth of experience in student housing and public-private partnerships is outstanding and will bring tremendous value to our team and to our higher education clients and communities,” says Russell Broderick, senior vice president of …
Providence, R.I. — Gilbane Development Co. has promoted Jim McCurdy to vice president of finance. McCurdy joined the Providence-based company in 2015 and has been actively involved in capital raises totaling over $3 billion. In his new position, McCurdy will be responsible for developing corporate and project-level finance strategies, analyzing new deals, disposition and acquisition due diligence, capital sourcing and advising development teams. “Jim has demonstrated his leadership through the growth and development of our finance group,” says Ed Broderick, president and CEO of Gilbane. “In his capacity as vice …
Providence, R.I. — A partnership between GMH Capital Partners and Wexford Science & Technology has opened River House, a 174-unit community located within Downtown Providence’s Innovation and Design District. The property is located within walking distance of Brown University, and is set to target medical and graduate students, as well as young professionals. The community will also serve students at Johnson & Wales University Providence Campus, the Rhode Island School of Design, Rhode Island Nursing Education Center and the University of Rhode Island. The development offers fully furnished studio, one- …
Providence, R.I. — Gilbane Development Co. has hired Karissa Schminky as portfolio marketing manager. In her new position, Schminky will work collaboratively with the company’s third-party property management teams, providing oversight on leasing and marketing of new and existing properties. Prior to joining Providence-based Gilbane, Schminky worked as the vice president of marketing at RISE: A Real Estate Company.
Providence, R.I. — GMH Capital Partners has broken ground on River House, a 174-unit student housing community located in Providence, Rhode Island.
Providence, R.I. — 257 Thayer, the first purpose-built student housing community in Providence, located near Brown University and Rhode Island School of Design (RISD), has opened.