AUBURN, ALA. — Morrison Avenue Capital Partners has completed Hilltop Auburn, a 128-bed student housing property located near the Auburn University campus in Alabama. The community offers four- and five-bedroom townhomes with bed-to-bath parity and attached garages. The development team for the project included Lauderdale Architecture + Development and Reed Construction. 360 Property Management operates Hilltop Auburn on behalf of Morrison Avenue.
FORT COLLINS, COLO. — Landmark Properties has completed The Mark Fort Collins, a 397-bed student housing development located at 255 Johnson Drive near the Colorado State University campus in Fort Collins. The six-story community was developed in partnership with Silverpeak Real Estate Partners and Peninsula Investments. The property offers 193 fully furnished units in a mix of studio through four-bedroom configurations with bed-to-bath parity. Shared amenities include a heated outdoor pool, sky deck and lounge, gaming lawn, hammock grove, fitness center, coffee bar, sports simulator, private study and coworking rooms, three courtyards, multiple fire pits with seating areas, outdoor grilling space and a wellness center. The development team for the project included Mode 3 Architecture and Landmark Construction.
BERKELEY, CALIF. — A joint venture between Canyon Partners Real Estate, The Martin Group and Valiance Capital has delivered The Valiant, a 265-bed student housing development located near the University of California, Berkeley campus. The eight-story building spans 80,500 square feet and offers 83 units in a mix of studio, one-, two-, three- and four-bedroom configurations. The property also features ground floor retail space. Shared amenities include a lobby and social lounge, 24-hour fitness center, group study space and a rooftop lounge. Studio KDA designed the project.
SAN ANTONIO — General contractor Adolfson & Peterson Construction (AP) has completed the renovation of Chisholm Hall, located on the University of Texas at San Antonio (UTSA) campus. The number of beds was not disclosed, but 267 rooms were impacted. The 120,860-square-foot residence hall features two fully furnished layout options, including double- and triple-occupancy rooms. Designed by Chesney Morales Architects, the renovation featured modernized building systems, upgraded resident bathroom vanity areas, newly installed acoustical ceilings and lighting and new mechanical unit ventilators and hallway ductwork.
NEW YORK CITY — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged $131.5 million in construction financing for a student housing development in the Washington Heights neighborhood of Upper Manhattan. The 28-story building at 465 W. 165th St. will offer 276 fully furnished units totaling 321 beds. Shared amenities will include a two-story attended lobby, private study pods, quiet lounges, group study rooms, a fitness center, golf simulator, outdoor terrace and grab-and-go food services. Max Herzog and Eric Toddy of IPA worked on behalf of the borrower, Edge Property Group, to arrange the financing through S3 Capital. Titanium Construction Services is the general contractor for the project, which is expected to be complete in fall 2028.
HOUSTON — The University of St. Thomas has broken ground on a 400-bed residence hall project on the institution’s campus in Houston. The 95,000-square-foot development will include a dedicated chapel and prayer room, courtyard and multi-use lounges and collaborative study zones. Units will be offered in two-, three- and four-bedroom configurations for single or double occupancy. The property will also be home to two staff apartments. The design team for the project included global architecture firm Corgan and The Lawrence Group. A tentative completion date was not announced.
NEW BRUNSWICK, N.J. — TSB Realty has arranged the sale of SoCam 290, a 627-bed student housing community located near the Rutgers University campus in New Brunswick. Delivered in 2005, the community offers 233 units in studio through three-bedroom configurations. Shared amenities include a clubroom, 24-hour fitness center, business center, coffee bar and gaming and media lounges. Alden Street Capital purchased the property from an undisclosed seller. TSB Capital Advisors also arranged acquisition financing for the deal. The property was fully leased at the time of sale.
COLUMBIA, S.C. — Landmark Properties and Peninsula Investments have delivered Narrative at Columbia, an 826-bed student housing community located about one mile from the University of South Carolina (USC) campus. The 197-unit property is located at 1050 Idlewild Blvd., near Williams-Brice Stadium, the home football stadium of the USC Gamecocks. Narrative at Columbia features a mix of two- to six-bedroom, fully furnished apartments. Amenities include a clubroom, resort-style pool, hot tub, gaming lawn, cabana and hammock grove, outdoor grilling areas, sand volleyball court, jumbotron, wellness suite and a 24/7 fitness center, as well as private study rooms, shuttle rides to campus and a computer lounge. The development team began welcoming residents on Aug. 1. The design-build team includes Athens, Ga.-based architect E+E Architecture and Landmark Construction, the in-house construction division of Landmark Properties, which is also headquartered in Athens. With Narrative at Columbia, Landmark now owns and operates approximately 2,300 student housing beds in Columbia, with another 800 beds under development.
CHICAGO — Walker & Dunlop Inc. has arranged a $555.6 million loan for the refinancing of a 14-property student housing portfolio totaling 4,295 units and 10,454 beds across nine states. Chicago-based real estate investment and property management company The Scion Group was the borrower. The communities are located in Arizona, Alabama, California, Colorado, Florida, Georgia, Louisiana, North Carolina and Texas. Specific property names were not disclosed. Walker & Dunlop’s Brendan Coleman, Will Baker and Colin Coleman secured the floating-rate, interest-only loan through an existing Fannie Mae credit facility. Scion maintains four Fannie Mae credit facilities, all of which were originated by Walker & Dunlop. Scion is the largest owner and operator of student housing communities globally with 190 communities and nearly 118,000 beds across 94 university markets. According to Walker & Dunlop’s 2026 Student Housing Outlook, demand continues to outpace supply across most major university markets. — Abby Cox
ATLANTA — A joint venture between Radnor Property Group and the Madrone Community Development Foundation is set to break ground on a 793-bed student housing development located at 850 West End Ave. in Atlanta. The project, which is scheduled for completion in fall 2028, will serve students attending Morehouse and Spelman colleges. The community will offer 305 units in studio, one-, two- and four-bedroom configurations upon completion. Shared amenities are set to include a 24-hour staffed lobby, outdoor recreation space, a fitness center, community lounges, bike storage, dog park and study rooms. The partnership recently reached financial close for the project through the sale of $146.8 million in tax-exempt and taxable bonds issued by the Development Authority of Fulton County, which will loan the proceed of the bonds to Madrone-MS Student Housing, a subsidiary of the Madrone Community Development Foundation. West End Avenue P3 LLC — a joint venture between Morehouse and Spelman colleges — has entered into a 50-year lease agreement with Madrone as part of the transaction. The development team for the project includes Clark Construction, CD Moody Construction, Moody Nolan and Pape-Dawson. Raymond James and Loop Capital Markets served as underwriter for the bond financing. Brailsford & Dunlavey …
