chi-LivinnCalleStudioBogota (2) Kitchens in the suites at Livinn Calle 18 in Bogotá, Colombia feature high-end finishes and a contemporary design sensibility. The property was developed by CA Ventures and opened in 2017. Student housing with these amenities are still uncommon in Europe and S. America.

CHICAGO—Student housing has become a big business in the US, mostly because both students and their families have created demand for amenity-rich communities located near top universities. And now CA Ventures, a Chicago-based developer, says it’s ready to launch a $500 million effort that will bring similar housing to students throughout much of Europe.