Albany, N.Y. — DMG Investments LLC has recently acquired a 203,000-square-foot development site near the University at Albany-SUNY, and is set to break ground on a 322-bed student housing community.
The new development will offer one-, two-, three- and four-bedroom units. Community amenities will include a 24-hour fitness center, outdoor lounge with fireplace and grilling area, club and game room, computer area, study rooms, a conference room and tanning beds. Completion is expected for fall 2018. DMG will manage the community upon completion.