Chico, Calif. — CBRE has arranged the sale of Campus Walk, a 174-bed student housing community serving California State University, Chico. NB Private Capital purchased the property from Dallas-based Fountain Residential Partners for an undisclosed price. Jaclyn Fitts, William Vonderfecht, Casey Schaefer and Marc Ross of CBRE arranged the transaction on behalf of the seller. The property offers shared amenities including a swimming pool, an outdoor movie screen and a fitness center.
Sunderland, Mass. — Construction is underway on North 116 Flats, a 150-unit multifamily community located near the University of Massachusetts Amherst in Sunderland. The community — developed by a joint venture between Fountain Residential Partners and HC2 Capital — will serve students of the university, as well as professionals in the Amherst area. Thirty-eight of the community’s units will be affordable housing. The property will offer one-, two- and three-bedroom floor plans. Shared amenities will include an 8,000-square-foot clubhouse with a cardio center, yoga studio, multiple private study rooms and community …
Fayetteville, Ark. — Fountain Residential Partners has awarded Greystar Student Living the management of Beechwood Village, a 670-bed, cottage-style student housing development in Fayetteville, located within a mile of the University of Arkansas.
Tallahassee, Fla. — Near campus, Onyx will be positioned between two entertainment districts and feature amenities such as an elevated pool deck.
Houston — Campus Vue will combine new construction with a redevelopment of an existing structure.
Fayetteville, Ark. — The Idyll Village development is a partnership with Specialized Real Estate Group.
Dallas — The properties are close to their campuses and will soon be leasing.
Minneapolis — HFF’s Adam Herrin worked on behalf of Fountain Residential Partners to secure two lines of funding for Metro Park East.
Company Profile: Fountain Residential Partners A typical project will be energy-efficient, walk-to-campus and near transit.
Fort Worth, Texas —Dallas-based Fountain Residential has three properties under contract and two others under construction.
