Salmanson Capital Acquires Nebraska Community for $7.65 Million

by Katie Sloan

Claremont Park Apartments is a 238-bed property located four blocks from campus.

Lincoln, Neb. — New York City-based Salmanson Capital has purchased an off-campus student housing community located near the University of Nebraska in Lincoln for $7.65 million. Located four blocks from campus, the community consists of eight buildings containing 238 beds in 88 units. Amenities include a swimming pool, a basketball court, a fitness center and covered parking. The property was fully occupied at the time of closing.

Salmanson plans to complete infrastructure upgrades to the community, including the installation of cable and Internet wiring in all units, in the near term. University Capital Management, a newly created affiliate of Salmanson, will manage the property.

The company currently has a student housing portfolio totaling 942 beds, most of which are located in Syracuse, N.Y. The company has mounted an aggressive campaign to acquire additional student housing properties.

— Coleman Wood

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