Student Housing

The coronavirus has brokers guessing as to how this will affect leasing in the short term, and Avison Young says leasing activity is likely to have a degree of decline in transaction volumes compared to pre-crisis expectations.

Not many operators appear to be interested in the idea though.

Ashland and ICM joint venture will target sub-institutional, middle market assets run by family owners.

In consideration of precautions taken to stem the spread of the coronavirus, a planned March 27 groundbreaking for the new Residence Hall was postponed, according to an update provided by Stockton University on Saturday.

The joint venture will focus on student housing and has already completed its first purchase, a nine-property portfolio near USC.

"This asset class is becoming a safe haven for domestic and foreign capital and the market should remain strong."

ACC collaborated with Seattle's Urban Artworks to recreate Daniel Johnston's infamous "Jeremiah the Innocent" Austin mural as a permanent exterior installation at the University of Washington.

Mount Sinai Hospital is expanding its lease square footage at 207 East 94th St., a 50,000-square-foot building on the Upper East Side. Hirschfeld Properties owns the 50,000-square-foot building with asking rents of $55 per square foot.