Baton Rouge, La. — A joint venture between H. Katz Capital Group and Coastal Ridge Real Estate has acquired Arlington Cottages and Townhomes, a 732-bed student housing community located near Louisiana State University in Baton Rouge.
TSB Realty sold the property, which was developed and constructed by Capstone Collegiate Communities. The community offers three-, four- and five-bedroom units, with shared amenities including a resort-style swimming pool with outdoor cabanas, a pool house game room and sand volleyball court. Additional amenities include a pet-washing station, 24-hour clubhouse and study hall, state-of-the-art fitness center with a yoga studio and spin room, and shuttle service to campus. Units feature stainless steel appliances, free cable and wi-fi, an optional furniture package, washers and dryers and bed-to-bath parity.