Arrimus Capital Acquires 465-Bed Student Housing Property in Houston

HOUSTON — Arrimus Capital, a California-based private equity firm, has acquired Campus Vue, a 465-bed, Class A student housing property located at 4459 N. MacGregor Way near the University of Houston. Fountain Residential Properties sold the asset, which consists of 145 units across two five-story buildings. Amenities of the property, which was 96 percent occupied at the time of sale, include a resort-style pool, study lounges and a game room. With this transaction, Arrimus has now acquired more than $100 million in student housing properties over the last 90 days.