The PGA has outgrown its existing footprint in Palm Beach Gardens but needs to remain in a golf-centric location so it recently finalized an agreement that will move its headquarters to Frisco in mid-2022.

The Raleigh, NC-based student housing owner-operator purchased the 288-bed, 58-building complex located less than two miles from the University of Texas—San Antonio, in partnership with Hong Kong-headquartered investment firm Centaline Investment Management Co.

Extell founder Gary Barnett has appointed Sush Torgalkar as the real estate development and investment firm's CEO and president.

The space acts as one of three Chicago-area properties for the company's third-party food production business.