St. Louis — A joint venture between GMH Capital Partners and AGC Equity Partners has acquired Everly on the Loop, a 428-bed student housing community serving students at Washington University in St. Louis. The 192,390-square-foot community offers one-, two- and three-bedroom units with bed-to-bath parity. Shared amenities include a fitness center, yoga room, game room, swimming pool and indoor and outdoor entertainment spaces. Chris Bancroft, Chris Epp and Meredith Wolff McGrath of FourPoint Investment Sales Partners arranged the disposition on behalf of the sellers, CRG and Koman Group. Terms of the transaction were undisclosed.
GMH Capital, AGC Equity Acquire 428-Bed Community Near Washington University