(Read more on the multifamily market.)

ATLANTA-A joint venture of locally based Place Properties LP andChicago-based Blue Vista Capital Management LLC has investedanother $80 million in four student housing projects. Theinvestments were the most recent ones made under the Place/BVStudent Housing Fund LLC, which is managed jointly by the twocompanies.

The properties, all of which are scheduled to open in July 2008,include Bryant Place at the University of Central Oklahoma, ColemanPlace at the University of Arkansas-Little Rock, Vista Place atArkansas Tech University and Hill Country Place at the Universityof Texas-San Antonio. "We have been very fortunate to be successfulat acquiring superlative locations for new student housingdevelopments at these four schools which have a tremendous demandfor new housing," Place Properties national development partnerBrent Little says in a prepared statement.

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