Student Housing

The 99-year ground lease will bring UMass $235 million and has the potential to foster 3.4 million square feet of mixed-use development at the property.

The firm looks to continually expand its student housing portfolio, which currently spans across 13 states.

Off Campus Partners enters into exclusive agreements with universities to provide an off-campus housing listing service.

And with a growing pool of investors — including sovereign wealth funds — that makes sense. Two SVPs from PNC Real Estate are bullish on the sector as well.

The $450 million project will provide more than 900 units to the UC Hastings campus for students, faculty and staff, along with construction of an Academic Village and renovation of the McAllister building.

Corvias will be responsible for the development and management of the student housing project. Other partners include Dirk Denison Architects for the design and Gilbane Building Co. for the construction of the Bailey Hall renovation.

Real Estate Forum is searching for young professionals who have made a noticeable impact on the industry. The application deadline for nominations is fast approaching at July 17, 2019.

Rents near college campuses are typically higher than the average multifamily rents in the market.