GROSS & COHEN ACQUIRES $13.75 MILLION STUDENT HOUSING PORTFOLIO
SOUTH BEND, IND. — Massachusetts-based Gross & Cohen Real Estate Investors has acquired a student-housing portfolio consisting of 47 properties, which are all located within 1 mile of the University of Notre Dame in South Bend. The 353-bed portfolio has been fully occupied for the last 4 years. The properties were purchased from an undisclosed seller for $13.75 million. Kramer Property Management will remain as the property manager for the portfolio.