Statesboro, Ga. — Colliers International has arranged the sale of Cottage Row, a 1,087-bed student housing community located near the Georgia Southern University campus in Statesboro.
Rialto Capital Advisors sold the property to a joint venture between XFD Real Estate Partners, Ash Real Estate, Saxum Real Estate and Anchor Real Estate Capital for an undisclosed price. Sean Baird, Jonathan Holt and Will Mathews of Colliers brokered the transaction. Nathan Lynch and Donald Jennewein, also of Colliers, secured acquisition financing for the transaction.
Cottage Row offers two-, three-, four- and five-bedroom units alongside shared amenities including a 24-hour fitness center, computer lab, study lounge, full-court volleyball, a California-style swimming pool, movie theater, tanning bed and a private shuttle to campus.