Charlotte, N.C. — Shareholders of Campus Crest Communities (NYSE:CCG) approved the merger of the company with Chicago-based Harrison Street Real Estate Capital at the company’s annual meeting on Tuesday, January 26, with 99.3 percent of shareholders voting in favor of the merger. Harrison Street announced it would acquire Campus Crest for a value of $1.9 billion in October 2015.
Chicago — Campus Crest Communities Inc. has agreed to be purchased by Harrison Street Real Estate Capital LLC for $1.9 billion, including debt.
Charlotte, N.C. — Campus Crest Group (CCG) has entered into an agreement with Clinton Group and its affiliated funds that will restructure the company’s board of directors.
Chicago — The six sites are largely entitled and ready for CA to begin construction on five of the sites in the spring of 2015, for delivery in the fall of 2016.
West Palm Beach, Fla. — The three entities of the joint venture plan to focus on NOI growth at the assets, which are mostly the only purpose-built products in their markets.
Charlotte, N.C. — Campus Crest will acquire Copper Beech Townhomes in a staged acquisition.
Chicago — Investments were made on behalf of two funds.
Streaming video has forced student housing operators to get creative and catch up to their residents’ bandwidth demands.
WACO, Texas — Content comes to residents’ devices at speeds up to 100 megabits per second.
Second Tier Attention Why second tier universities are becoming the number one choice for some student housing developers.