Premier Student Housing commercial real estate news, analysis, trends and information for private and public college dormitories, and on- and off-campus university apartments.
Student housing is poised for increased distress rates as leases expire and universities ponder if they will reopen campuses, according to a new report released by Trepp.
Amid the COVID-19 pandemic, FourPoint Capital Markets was able to work successfully alongside the developer, Focal Point Development, and lender to push this loan closing across the finish line.
The campus is made up of dormitories, classrooms and lecture halls, administrative offices, a student center, dining halls, recreation and athletic facilities, a library, an auditorium and more.
At Harrison Street, Bashir will lead the expansion of the firm's strategies which focus on investments in student housing, build-to-rent and healthcare real estate.
Student housing investor Fred Pierce remains bullish on student housing, and expects the market will return to pre-virus levels once the pandemic subsides.
Centennial Southeast Florida division president J.C. de Ona and senior commercial loan officer Jay Brito in Miami issued the loan for the student housing portion at VOX Miami.