MIAMI—Campus Club and Gateway at Glades, a 1,356-bed student housing portfolio serving the University of Florida in Gainesville, has won the confidence of investors. HFF arranged a $36.75 million acquisition and bridge loan for the buyer.

Park Partners Residential acquired the asset. Resource Real Estate (Resource). Park Partners Residential plans to renovate and reposition the student housing properties to compete against newer assets in the market. HFF managing director Elliott Throne and associate director Brian Gaswirth led the debt placement team.

“As a former Florida Gator attending classes when these properties were delivered, I can remember how popular the assets were and how they stood out among the competition,” Throne tells GlobeSt.com. “I am confident that Park Partners vision and experience will restore the communities and create demand with a new generation of Gators.”