property type: Student Housing

IBorrow has provided $52 million of financing against the Edge Student Village, a 240-unit and 798-bed student-housing property next to Temple University's main campus in Philadelphia. The property, at 1601 North 15th St., is owned by Emet Capital Management, which ...

Pacific Investment Management Co., or Pimco, has provided $62 million of financing to facilitate HH Fund's purchase of Nine East 33rd St., a 157-unit student-housing property at the main entrance to the Johns Hopkins University campus in Baltimore. The loan ...

Commercial Real Estate Direct Staff Report Ascott Residence Trust has agreed to pay $83.3 million, or $152,007/bed, for the 548-bed Seven07 student-housing property in Champaign, Ill. The Singapore REIT is buying the property from a venture of Opus Group and ...

The Real Deal A venture that includes Timberline Management of New York and a foreign high net-worth investor has paid $84 million, or $549,020/bed, for the 153-bed Monarch Heights student-housing property in Manhattan. A venture of TriHill Management and Pebb ...

The Real Deal Weill Cornell Medical College has filed plans to build a 221-unit student-housing project at 1393 York Ave. in Manhattan. The 17-story building, which will cost about $118 million to complete, will also have some office and amenities ...

Commercial Real Estate Direct Staff Report A venture of Trinity Property Group and College Town Communities has paid $43.2 million, or $75,789/room, for the 570-room Campus Palms student-housing property in Tampa, Fla., two blocks from the University of South Florida. ...

The $36 million CMBS loan against the 212-unit SkyLoft Austin student-housing property near the University of Texas-Austin campus is now more than 30 days late. The property was owned by Nelson Partners Student Housing, which has been accused by investors ...

American Campus Communities Inc. has named Jennifer Beese, who has served as chief operating officer since 2017, to the additional post of president. She replaces Jim Hopke, who has retired. He had been the Austin, Texas, REIT’s president since 2017. ...