CBRE National Student Housing 2019 Year To Date Transactions Exceed 671 Million
CBRE National Student Housing 2019 Year-To-Date Transactions Exceed $671 Million
| August 5, 2019
Dallas, Texas – Aug. 5, 2019–CBRE has closed $436 million in investment sales across 7,649 beds and $234 million in debt and equity placements across 3,942 beds year-to-date in 2019. CBRE National Student Housing’sJaclyn Fitts,WilliamVonderfechtandCasey Schaeferrepresented the sellers on each investment sales transaction whileBen Roelkeand Ian Walkerwith CBRE’s Debt & Structured Finance team secured each debt and equity transaction.
The transactions spanned the U.S. encompassing 12 university markets across the country.
Select properties include:
The Estates at San Antonio | San Antonio, TX
The Flats at Campus Pointe and The Flats at Mallard Creek | Charlotte, NC
University View | Boca Raton, FL
The Glenn | Orlando, FL
Park Place Arlington | Arlington, TX
University Downs | Tuscaloosa, AL
Midtown Lofts | Bloomington, IN
The Grand at Rum Creek | Tuscaloosa, AL
Catalyst | Tallahassee, FL
Park Place Waco | Waco, TX
21 Pearl | Austin, TX
College Club | Tallahassee, FL
Aspen Heights Clemson | Clemson, SC
Fields of Bluegrass | Lexington, KY
Thrive | Lubbock, TX
“With more than $436 million in investment sales, CBRE National Student Housing has achieved a 28% increase in sales volume from the same period in 2018,” said Jaclyn Fitts, Director of Student Housing for CBRE. “We anticipate the robust volume will continue through 2019, as we have nearly $500 million in assets awarded and $1 billion in assets actively on the market.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.