Property details

21 Rio

Investment type

Value Add

Asset Class

Student Housing

Ownership Structure

Joint Venture

Year Acquired

2014

Investment Summary

Syndicated invested alongside CA Venture in 21 Rio, a 21-story, approximately 287,661 square foot high-rise that features 158 units (301 beds) and approximately 2,680 square feet of ground floor retail space.

Developed in 2009, each unit features high quality finishes including granite countertops, in-unit washer/dryers, spacious closets and a large floor plan. Most of the units have outdoor balconies.