College Station, Texas — Sterling University Housing, the student housing division of The Dinerstein Cos., has acquired a development site near Texas A&M University.
Sterling University Housing
Houston — The company’s student housing division — Sterling University Housing — is a developer of off-campus student housing, with more than 35,000 beds across 63 properties.
Tampa, Fla. — Buyer is an institutional pension fund.
Houston — The properties’ green features will lower utility bills.
CINCINNATI — Sterling McMillan was acquired in 2009.
Fayetteville, Ark. — Complex will be built for LEED silver.
Houston— Sterling University Housing starts four off-campus student housing developments.
BUYERS (AND SELLERS) ARE BACK The investment sales market is active and vital, and pent-up equity and a new cast of buyers should ensure it will stay that way throughout the year.
Ann Arbor, Mich. – Sterling University Housing, the student housing division of The Dinerstein Companies, a Houston-based company that builds and operates apartment communities in 27 different states, has acquired 4Eleven Lofts near the University of Michigan in Ann Arbor. The 96-unit, 342-bed student housing community was 100 percent occupied at closing. Built in 2009, 4Eleven Lofts is a 10-story, high-rise community located two blocks from the University of Michigan’s Central Campus and in the heart of downtown Ann Arbor. It features 10-foot ceilings, flat panel HD televisions, modern kitchens …
A state pension fund purchased the community, which is located in Tampa near USF.