Last Updated: December 14, 2011 ET

HSRE-UCF I Buys UCF Student Housing Complex for $84M

Disable this ad

Sign Up for the Florida AM Alert

Join the thousands of real estate professionals that subscribe to the Florida AM Alert. Each and every morning, we deliver the important stories, data, analysis…as well as the opinions and insights of industry thought leaders to provide you with market intelligence and a daily business advantage.

Become a registered member today and don’t miss another important story in the Florida market. Let GlobeSt.com be your source for everything real estate.

ORLANDO-A real estate investment management firm based in Chicago has paid more than $84 million for an off-campus student housing complex situated across from the main campus of the University of Central Florida in east Orlando. HSRE-UCF I LLC, an entity of Harrison Street Real Estate Capital LLC, has purchased the 1,527-bed Sterling Central complex from Sterling UCF LP.

The 507-unit complex sits on a 10.4-acre land on Alafaya Trail between Research Parkway and University Boulevard. For the full story, go to Orlando Business Journal .


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

Categories: Southeast, Sales, Acquisitions/Dispositions, Scope, Orlando

LOCATE A SERVICE

Featured Advertisers

Property Alert

Post Your Property

User's Choice

Walgreens Sells For $1,736 Per Square Foot

LAS VEGAS-A foreign fund pays $27.8 million for the store, making it the most valuable single-tenant net-leased drugstore ever to trade in the US.