DJT Acquires Beacon Hill Apartments

by Katie Sloan

The 270-bed, off-campus community serves students of Ball State University.

Muncie, Ind. — Lawrence, Kan.-based DJT Student Housing Group has purchased Beacon Hill Apartments, a 270-bed community located adjacent to the campus of Ball State University. The property was fully occupied at the time of closing and is fully pre-leased for the 2011/2012 school year. Michael Wernke of Marcus & Millichap represented DJT in the deal. The seller and acquisition price were not released.

— Coleman Wood

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