Student Housing

The transaction would be structured as a 75-year ground lease between ACC and a Walt Disney World Resort subsidiary.

The $593 million issued by DASNY on behalf of NYU was offered as a $349-million tax-exempt series and a $244-million taxable series.

To date, KAREP V has successfully deployed more than 20% of the KAREP V fund or approximately $360 million. KAREP V is seeking opportunities across seniors housing, medical office and student housing sectors, the company states.

San Francisco has an estimated 80,000 students but an inventory of only 9,000 beds, creating a significant shortfall, resulting in the construction of another 600-plus beds in the form of City Gardens.

Watch our exclusive TV interview with Jeff Holzmann, managing director of funding platform iintoo.com.

“We are seeing a lot of opportunities across our bank footprint and nationally, our multifamily lending base continues to be robust,” says Paul Woodworth, senior vice president and head of agency lending for SunTrust.

University enrollments are growing, prompting the need for housing, which was the underlying reason for Lynd's acquisition of a distressed bank note on 384-bed student housing community, Village at Lamar.

The Marc does not rely on the university for residents because the population of Bryan/College Station is growing and year-round rentals can capture young professionals and students.