Category: Student Housing

Property details

Athens, Geogria

Georgia Heights at the University of Georgia

Investment type

Value Add

Asset Class

Student Housing

Ownership Structure

Joint Venture

Year Acquired

2018

Investment Summary

Georgia Heights was developed in 2015 and consists of a six-story, 167,288 square foot student residence located on Broad Street, adjacent to the University of Georgia’s Historic District in downtown Athens and directly across the street from campus.

Georgia Heights features 268 units, 294 beds, and an additional 44,702 square feet of ground level retail space. The property is located approximately one block west of the main university pedestrian access known as the “Arch,” which borders North Campus and downtown Athens.

Property details

Minneapolis, Minnesota

The Marshall at the University of Minnesota

Investment type

Value Add

Asset Class

Student Housing

Ownership Structure

Joint Venture

Year Acquired

2018

Investment Summary

The Marshall was developed in 2014, and consists of a six-story, 359,592 square foot student residence that sits on a 3.6 -acre site. The Marshall features 316 units, 994 beds and 27,927 square feet of fully-leased retail space.

Located in Dinkytown, the campus centric entertainment and commercial district, The Marshall is situated at the epicenter of student life and is adjacent to the area’s main commercial corridor, 14th Avenue, which features local bars, restaurants, campus bookstores and other commercial attractions.

Property details

Austin, Texas

Texan 26

Investment type

Value Add

Asset Class

Student Housing

Ownership Structure

Joint Venture

Year Acquired

2014

Investment Summary

Syndicated invested alongside CA Venture in the Texan 26, a 6-story, approximately 72,151 square foot mid-rise apartment building that features 53 units (206 beds).

Built in 2014, each unit has granite countertops in the kitchen and bath areas, in-unit washer/dryers, and many units have balconies or patios. The Texan 26 apartments are suite-style, with separate bedrooms or a loft area for each student, multiple bathrooms, and two washer/dryer units in the larger apartments.

Property details

Austin, Texas

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.