46
Waco, Texas — CBRE has brokered the sale of and acquisition financing for University Edge, a 236-bed student housing community located near the Baylor University campus in Waco. Crescent Sky Capital purchased the property for an undisclosed price from Orion Student Housing, a joint venture between Wills Cos. and WFI. Jaclyn Fitts, William Vonderfecht and Casey Schaefer with CBRE National Student Housing represented the seller in the transaction. Brad Peters and Victoria Langston, also of CBRE, secured financing on behalf of the buyer. The community offers a mix of two-, three- and four-bedroom units. Shared amenities include two swimming pools, grilling stations and hammocks.