The purchase price was not yet known. The Luxx, at 6023 UTSA Blvd., serves as collateral for a $26.21 million loan that's securitized through CSAIL Commercial Mortgage Trust, 2015-C2. The fixed-rate loan pays a coupon of 4.15 percent and matures ...
Strategic Facility Partners has bought The Henry, a 537-bed student-housing property in downtown Tampa, Fla., for $128.1 million, or about $238,547/bed. The Columbus, Ohio, nonprofit purchased the 23-story property, with 188 units at 100 East Tyler St., from a venture ...
Commercial Real Estate Direct Staff Report A venture led by Up Campus Student Living has paid $67.5 million, or $270,000/unit, for the Boathouse apartment building, a 250-unit student-housing property in Washington, D.C. The Chicago developer partnered with Palmor Capital, BridgeInvest ...
Austin Business Journal The Preiss Co. and Investcorp have bought 21 Pearl West Campus, a 267-bed student-housing property in Austin, Texas. Preiss, a Raleigh, N.C., company, and Investcorp, a Bahrain investment firm, purchased the 135-unit residential complex from a venture ...
Boston Business Journal Suffolk University has paid $30 million, or $388.37/sf, for the 77,245-square-foot office property at 101 Tremont St. in downtown Boston. The university acquired the property from Macquarie Group of Sydney, Australia. It last changed hands in 2016 ...
The 92-unit Blue Course Commons student-housing property serving Penn State University in State College, Pa., has changed hands for $24.5 million, or $266,304/unit. The townhouse property, at 446 Blue Course Drive, just more than a mile from the university's main ...
Atlanta Business Chronicle Pope & Land Real Estate has paid $37.2 million, or about $112,727/bed, for 100 Midtown, a 330-bed student-housing property in Atlanta's Midtown neighborhood. The local development and investment company purchased the nine-story property from an affiliate of ...
Landmark Properties has added to its Austin, Texas, student-housing portfolio with its purchase of the Pointe on Rio. The Athens, Ga., real estate investor bought the off-campus property, with 321 beds in 122 units, from a limited partnership that shares ...
REBusiness Online Palladius Capital Management has bought The Luxx, a 694-bed student-housing property in San Antonio. The Austin, Texas, investment firm purchased the property from a joint venture of Crow Holdings Capital and the Preiss Co. The purchase price was ...
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