Stamford, Conn. — Waypoint Residential, a multifamily real estate investment firm, has officially launched its student housing affiliate, Waypoint Campus Housing LLC. The launch was marked by the new company’s acquisition of a four-property student housing portfolio for $102 million.
Chicago — MB Financial Bank has provided a $40.3 million construction loan to Blue Vista Capital Management for the development of a 218-unit student housing development near the University of South Carolina’s flagship Columbia campus.
Chicago — Construction has begun on Vue53, a $75 million mixed-use project in Chicago. The development team, which includes Avison Young, Peak Campus Development and Blue Vista Capital Management, was awarded the assignment by the University of Chicago to develop, finance and manage the project.
Chicago — Goering previously was a senior vice president and led the student housing acquisition team at Blue Vista Capital Management LLC.
Los Angeles — CBRE: Transaction will set a new benchmark for a single asset sale in the student housing industry.
Going Inside TurnWe visit two properties for an up-close look at the blood, sweat and tears of turn.
Going Inside Turn We visit two properties for an up-close look at the blood, sweat and tears of turn.
