Student Housing

The joint-venture partners purchased four housing communities across four different university markets.

NOVO Development completes a new project near Ottawa University's OUAZ campus in Surprise, AZ.

MIAMI—Earlier this year, Vie Management bought a student housing portfolio in six states for $134.6 million. Vie purchased the properties with a…

Revenue for the 2019 third quarter surpassed the $213.5 million in third quarter 2018, and operating income for the quarter totaled $27.3 million versus $21.5 million in the prior year third quarter.

The property prior to the sale, entered into a 10-year, 340-bed master lease with Columbia College in August. Greystar reports that the remaining 48 beds are fully leased for the 2019/2020 academic year.

The newly created position is expected to assist the firm in nearly tripling its portfolio value to $30 billion by 2024.

Abodu works with building and planning departments to develop pre-approval programs, wherein permit portions are identified that are universal to all owners building Abodus and those unique to each homeowner.

San Diego, Los Angeles and San Francisco are all at the top of the list for student housing investment.