X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Photo by Shutterstock.com

MIAMI—Earlier this year, Vie Management bought a student housing portfolio in six states for $134.6 million. Vie purchased the properties with a value-add strategy in mind. “We’re blowing out and expanding fitness centers, improving common areas throughout the buildings and improving upon or expanding the pool decks that exist,” Ari Rosenblum, co-founder and CEO of Vie, tells GlobeSt.com. “In the units, we’re ripping out carpet and putting in vinyl hardwood flooring, replacing old appliances with stainless steel and adding new furniture.”

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.