property type: Student Housing

Nelson Partners Student Housing LLC, which three years ago had paid $119.55 million for the 212-unit SkyLoft Austin student-housing property near the University of Texas-Austin campus, has agreed to pay investors in the property $50 million to settle fraud claims ...

Affiliates of Blackstone Group have agreed to buy American Campus Communities, the largest owner and developer of student housing in the country, in a deal valued at $12.8 billion. The affiliates buying the company are Blackstone Real Estate Income Trust ...

San Antonio Business Journal Palladius Capital Management has acquired The Heights, a 270-unit student-housing property in San Marcos, Texas. The Austin, Texas, real estate investment management company purchased the property, with 672 beds at 1101 River Ridge Parkway, from an ...

Multi-Housing News Champion Real Estate Co. has bought the Campus Hill Apartments, a 267-unit student-housing property in Syracuse, N.Y., for $65 million, or about $243,446/unit. The seller wasn't disclosed. The Los Angeles developer, through its Victory House Syracuse LLC subsidiary, ...

Boston Real Estate Times Landmark Properties has purchased North 116 Flats, a 150-unit student-housing property in Sunderland, Mass. The Athens, Ga., company bought the property from Fountain Residential Partners of Dallas. The purchase price was not disclosed. CBRE brokered the ...

Palladius Capital Management, which was formed only last July with backing from Charlesbank Capital Partners, among others, has launched a commingled fund that would target multifamily and student-housing properties throughout the country. It's aiming to raise $100 million and is ...