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DevelopmentInternationalNews

CA Ventures to Invest $325 Million in Latin American Student Housing, Multifamily

by Katie Sloan

Chicago — CA International — the international arm of Chicago-based CA Ventures — has announced plans to invest $325 million to expand the firm’s multifamily and student housing presence in Latin America, with a specific focus on Monterrey, Mexico City and Merida, Mexico.  The company has six projects in Mexico, Chile and Colombia set to break ground this year. CA International currently has four fully operational student housing projects in Latin America:  LivinnX 18, a 413-bed community located in Bogotà, Colombia LivinnX 21, a 486-bed community, also located in Bogotà  …

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Company NewsIllinoisNews

CA Ventures Announces $12 Billion Investment Strategy, Promotes Four Senior Executives

by Katie Sloan

Chicago — CA Ventures has announced a $12 billion investment strategy for the firm’s student housing and residential divisions in conjunction with the promotion of four senior executives. Promotions include Michael Hales to president of the firm’s student living division; Matt Booma to president and global head of CA’s residential division; JJ Smith to the newly created role of managing principal of CA’s student living division; and Bob Flannery to chief operating officer.  As president of student living, Hales will drive investment, development and operational strategy. Under Hales’ leadership, the …

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DevelopmentFloridaIllinoisIndianaIowaNewsOff-campusOhioPennsylvania

CA Student Living Opening Six Communities Totaling $550 Million

by Katie Sloan

Chicago — CA Student Living, the student housing investment and development arm of CA Ventures, is opening six student housing communities this fall valued in excess of $550 million. The properties — which offer more than 3,000 beds — are located in Florida, Indiana, Illinois, Iowa, Ohio and Pennsylvania. New openings include: Identity Miami, a 621-bed student housing community located three blocks from the Florida International University campus in Miami. The property offers one-, two-, three- and four-bedroom units. Shared amenities include a shuttle to campus; a 24-hour fitness and …

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DevelopmentIndianaNewsOff-campus

CA Student Living Completes 675-Bed Student Housing Property in West Lafayette, Indiana

by Katie Sloan

West Lafayette, Ind. — CA Student Living has completed construction on Rise on Chauncey, a 675-bed student housing property located near Purdue University. At 16 stories, the property is West Lafayette’s tallest building. The complex spans 458,000 square feet with 283 fully furnished units. Apartments range from studios to four-bedroom units. Shared amenities include a 24-hour fitness and wellness center; a yoga room; a rooftop sundeck with cabanas, a pool and a hot tub; a penthouse club lounge; a research room with conference seating; dedicated private study rooms with televisions; and an …

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