STUDENT HOUSING PROPERTY PLANNED IN LUBBOCK

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LUBBOCK, TEXAS — Collegiate Construction will soon break ground on the 218-unit Retreat Lubbock at a site minutes away from Texas Tech University in Lubbock. The property is comprised of two- to five-bedroom cottages that contain a private bathroom for each bedroom. Wells Fargo Bank is providing construction debt for the $42 million project. A joint venture between Landmark Properties and Harrison Street Real Estate Capital is developing The Retreat. A fall 2011 delivery is expected.

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