MIAMI-When Inland American snapped up two student housing complexes in the Southeast for $95 million last month, it caught my attention.

The two student housing properties, located in Florida and North Carolina, offer 1,264 beds. Amenities include a resort style swimming pools with movie screens, basketball courts, tanning beds, game rooms, grilling areas and sand volleyball courts. This is luxury student housing and its en vogue.

But Inland is not alone in its Southeast student housing trading activity. Sterling North Campus, a student apartment complex near the University of South Florida in Tampa, traded in mid-December for $49 million. Sterling University Housing, The Dinerstein Cos.'s student housing division, sold the 734-bed student housing community to an institutional pension fund advisor. The community offers two expansive pool plazas, aqua lounge with multiple 42-inch outdoor high-definition televisions, billiards, multifunctional clubhouse with private study rooms, cyber cafe, athletic center and computer center featuring Apple and PC products.