Student Housing

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The all-cash transaction was closed in 90 days and includes Waldron Square (621-645 Waldron St.), Settlement (515 W. Stadium Ave.) and Cedarwood (515-527 N. Grant St.), among other properties.

Student housing sales volumes have been increasing since 2015, and it has created a new industry norm.

Villas on 26th's location is less than half of a mile from the University of Texas at Austin campus, at the epicenter of the West Campus student housing market, which made it attractive to a recent buyer.

FIU reports that South Florida's first university-affiliated conference center and hotel is expected to open by the fall of 2021.

Albert Picallo and Masato Inagaki, who co-founded Focal Point Capital Advisors in 2011, will join the new CBRE Loan Services entity as managing director and head of underwriting and director, underwriting respectively.

Located adjacent to the University of Texas campus in the center of the West Campus, the 18-story 674 bed class-A building was sold to Nelson Partners Student Housing at an undisclosed acquisition price.

The two companies reported this morning the transaction has been unanimously approved by the boards of directors of both companies. Mark Gibson, CEO of HFF, will join JLL as CEO, Capital Markets,