Austin, Texas — HFF has arranged $92 million in financing for a three-property, 1,653-bed student housing portfolio in Iowa, Texas and South Carolina. Doug Opalka, Casey Wenzel and Michael Johnson of HFF worked on behalf of Austin-based Aspen Heights and
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Austin, Texas — Construction is underway on Aspen West Campus, a 464-bed student housing high-rise located near the University of Texas at Austin.
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Austin, Texas — Austin-based Aspen Heights Partners has announced four new student housing developments in Texas, Iowa and New York.
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College Station, Texas — Aspen Heights will develop approximately 1,300 beds in the College Station, Texas area. Both projects will begin construction in early summer 2016 with a scheduled delivery of summer 2017.
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New York — Student housing developer and operator Aspen Heights and global principal investment firm Safanad have entered into a more than $400 million strategic partnership to recapitalize ownership of newly developed purpose-built student housing properties at large universities.
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Lincoln, Neb. — Virtus Real Estate Capital and Aspen Heights have partnered to develop a 632-bed student housing community, located in Lincoln near the University of Nebraska.
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Austin, Texas — Morgan Stanley Mortgage Capital Holdings Inc. provided the securitized loans, each of which includes five years of interest-only payments. HFF will service the loans.
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Statesboro, Ga., and Columbia, Mo. — The new communities will feature a housing mix.
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Armonk, N.Y. — Kayne Anderson has six project lined up for its second fund.
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Henry Pye Vice president of resident technology services for RealPage Aspen Heights switches gears at student cottage-style developments to provide HSIA services that compete with traditional multifamily buildings.
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