New York City — A joint venture between Pebb Capital and TriArch Real Estate Group has sold The Alabama, a 175-bed student housing community located at 15 E. 11th St. in New York City’s Greenwich Village neighborhood, for $104 million. The buyer in the transaction was undisclosed. The property serves students attending Cardozo Law School, The New School and New York University in lower Manhattan. The Alabama was acquired by the partnership for $58 million in October 2016 and underwent large-scale renovations. The community offers fully furnished units with shared …
Pebb Capital
Lawrence, Kan. — Pebb Capital has sold The Rockland, a 647-bed student housing community serving students at the University of Kansas in Lawrence. The community offers one- and two-bedroom units. Shared amenities include a resort-style pool and hot tub; a 24-hour business center and fitness center; a common room with a gaming station and pool table; tanning facilities; an outdoor barbecue area with a fire pit; a coffee bar; indoor and outdoor basketball courts; and a dog park. NB Private Capital acquired the property for an undisclosed price. Kevin Larimer …