Student Housing

Capstone On-Campus Management of Birmingham, AL has been selected by Radnor and Harrison Street and has been approved by Lafayette to manage and maintain the property once it opens in the fall of 2020.

At a special meeting last week, the board authorized the university administration to negotiate a public/private partnership with the Atlantic City Development Corp. for the development and financing for the phase two housing project.

The combination of DBRS with Morningstar Credit Ratings' U.S. business will expand Morningstar's global asset class coverage and provide an enhanced platform that will provide investors with leading fixed-income analysis and research, the company states.

As the industry continues to evolve and mature, so have the capital solutions that exist for the sector, which portends a bullish outlook for this recession-resilient product type for the next several years.

The sale of the Wellington charter school property follows the late March sale of two charter schools in Orlando and Wellington by ESJ Capital Partners and MG3 Developer Group of Hollywood, FL to affiliates of Charter Schools USA of Fort Lauderdale.

A groundbreaking for the project was held last Friday and demolition of the Edison Building at the project site located at the southwest corner of North Boulevard and Spaulding Drive is scheduled to begin on May 7.

The mixed-use development on the former Alexander Wilson Public School site reinvigorates the block of 46th Street and Woodland Avenue.  

It is estimated that there will be $100 billion of Opportunity Zone capital raised by the end of 2019—a figure that could even be higher given that…