JLL Capital Markets secured construction debt and equity for The Valiant, an 83-unit, 262-bed class A+ purpose-built student housing community in Berkeley. Terms weren’t disclosed. A JLL team of director Jonah Aelyon, senior director Rick Salinas, VP Sarah Murphy and analyst Allie…
Landmark Properties plans to develop The Mark College Park, a new, 2,079-bed student housing community in College Park, MD, adjacent to the University of Maryland. Landmark Construction, the construction arm of Landmark Properties, is the project’s general contractor. Delivery is…
Student housing owner-operator The Preiss Company (TPCO) has acquired and rebranded Elevate 231, now known as The Collective at Columbia. Terms were not disclosed. Located in Columbia, MO, the 100% occupied property serves students attending the University of Missouri and features 318…
Berkadia closed the sale and financing of Gardens of Annapolis, an active adult community located in the upscale coastal suburb of Annapolis, Maryland. This 106-unit property is in close proximity to downtown Annapolis and the United States Naval Academy. Berkadia…
An ownership group has spun off the Imperial Club assisted/independent living tower in Aventura, which sold for $43.2 million. First Baptist Housing of Bridgeport in partnership with Silver Tree Residential, sold the 14-story, 213-unit assisted living facility at 2751 N.E….
Sonida Senior Living Inc. paid $29 million for two senior living communities in the Atlanta area. The sale totals 178 units. The assets have an average occupancy rate of 86% and average revenue per occupied room of more than $5,700….
Canyon Partners Real Estate LLC, The Martin Group and Valiance Capital formed a joint venture to develop The Valiant, a new Class-A student housing community near the University of California at Berkeley. Construction is scheduled to begin immediately, with completion…
Kennedy Wilson has closed senior construction loans for the development of three student housing projects totaling $184 million at the University of Wisconsin – Madison, University of North Texas and University of California, Berkeley. These recent deals, completed through Kennedy…
Vesper Holdings acquired Gateway at Denton, located near the University of North Texas. Yardi Matrix data shows that the company took out a $25.3 million Freddie Mac loan for this acquisition, originated by KeyBank and arranged by AMA Financial. IPA’s…
The Rush Companies, in partnership with Village Concepts, has broken ground on a new senior living community, Village Concepts of Lake Stevens. The four-story, 125,062-square-foot facility will deliver 140 units of independent living, assisted living, and memory care services to Snohomish County. Village Concepts of Lake…
End of content
End of content
