(Read more on the debt and equity markets andthe multifamilymarket .)
ATLANTA-Locally based Place Properties LP and Chicago-based BlueVista Capital Management LLC have added $75 million to an alreadyestablished fund, raising the fund's total from $205 million to$280 million. With the fund, officials expect to create a portfolioof at least $925 million in student housing properties throughacquisition and development.
The most recent investments under the fund are the $14-millionacquisition of Allston Place in Berkeley, CA, which serves theUniversity of California-Berkley, and the $18-million acquisitionof Campus Place in Fresno, CA which serves California StateUniversity-Fresno.
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