Reno, Nev. — Cushman & Wakefield has arranged the sale of an assemblage of four land parcels located near the University of Nevada campus totaling 1.34 acres for $5.3 million. The site — titled the Highland Ave Student Housing Assembly — is located at 433 Poplar St., 434 Highland Ave., 438 Highland Ave. and 456 Highland Ave. Randy Pease of Cushman & Wakefield represented the seller, Canon Investment Group, in the transaction. The buyer was Latigo Group.
Tampa, Fla. — Cushman & Wakefield has added two new brokers to its student housing team. New hires include Director, Shawn Lubic, and Associate, Victoria Marks. The Tampa-based team, led by Executive Managing Director Travis Prince, is now comprised of five professionals. “We have built an exceptionally talented team here at Cushman & Wakefield and now look forward to leveraging the new strengths that come with this growth,” says Prince. “In the second half of 2019, we will focus on putting our expanded capabilities to action for our current and …
Lawrence, Kan. — Cushman & Wakefield has negotiated the sale of The Connection at Lawrence, an 888-bed student housing community located near the University of Kansas campus in Lawrence. Travis Prince, Victoria Marks, Gib Kerr and Jeffrey Bentz of Cushman & Wakefield represented the undisclosed seller in the transaction. University Partners acquired the property for an undisclosed price. The Connection at Lawrence was built in 2010 and features 14, three-story buildings offering one-, two-, three- and four-bedroom, fully furnished units. Shared amenities include a 24-hour fitness center, charcoal grills, lighted basketball …
Columbia, S.C. — Cushman & Wakefield has arranged the sale of The Southern @ 1051, a 1,002-bed student housing community located near the University of South Carolina campus in Columbia. Travis Prince, Victoria Marks, Jordan McCarley and Paul Marley of Cushman & Wakefield arranged the disposition on behalf of the seller, an undisclosed CMBS Trust. Ernet Capital Management acquired the property for an undisclosed amount.
Hattiesburg, Miss. — Hamilton Point Investments has acquired a 420-bed student housing community located near the University of Southern Mississippi in Hattiesburg. Travis Prince, Jimmy Adams, Craig Hey and Andrew Brown of Cushman & Wakefield arranged the transaction on behalf of the seller, Crowne Partners. Terms of the transaction were undisclosed. The community offers shared amenities including a resort-style swimming pool, state-of-the-art fitness center, game room, clubhouse, coffee lounge, study center and on-site access to the Long Leaf Trace walking trail.