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Moontower sold to Ocean West Capital Partners and Landmark Properties for an undisclosed price, but at one that is among the top five largest single-asset sales in terms of transaction value in the student housing space this year.
A 14,820-square-foot DaVita Kidney Care facility at the College Square Shopping Center was subleased to DaVita in 2019 after the merger/acquisition with Rite Aid, and was recently acquired by Nazareth Enterprises.
Formed by Regis Group and Ares Management, Haven Capital will target ground leases across all asset classes with a minimum $20 million transaction size.