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SOUTH BEND, IND. — Triad Real Estate Partners has brokered the $5.3 million sale of Darby Row and The Belfry, a two-property, 71-bed student housing portfolio serving University of Notre Dame students. Triad represented the seller, Holladay Properties, which developed the communities in 2012 and 2013. The properties were sold to a Southern California-based student housing company that Triad says is a relative newcomer to student housing. The unnamed company is looking to expand its Midwest footprint, according to Triad. The sales price equates to a 7.74 percent cap rate based on pro forma for 2014-15. Both properties are within walking distance to campus and were 100 percent leased for the 2013-14 school year.