NE WS IN BRIEF
January/February 2017 StudentHousingBusiness.com
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California loans will be made pursuant to Finance Lenders License #603H310 from the DBO.
WalkerDunlop.com
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YOUR PROSPERIT Y
JORDAN KAPLAN
D OUG L A S EMME T T (DEI:N YSE)
Avid Skier
Walker & Dunlop borrower since 2010
STORRS ACQUISITION SELLS FIVE-
PROPERTY STUDENT HOUSING
PORTFOLIO NEAR UCONN
Storrs, Conn. — Storrs Acquisition LLC has sold
a five-property student housing portfolio total-
ing 231 units near the University of Connecticut
in Storrs. Dispositions include Knollwood
Apartments, Oakwood Apartments, Clubhouse
Apartments, Maplewood Apartments and
Millbrook Apartments. Tom Boyle of Chozick
Realty Inc. represented the seller and procured
the undisclosed buyer in the transaction.
GMH CAPITAL PARTNERS ACQUIRES
328-BED COMMUNITY NEAR JOHNS
HOPKINS UNIVERSITY
Baltimore — GMH Capital Partners has
acquired Varsity on Charles, a 328-bed com-
munity located adjacent to Johns Hopkins
University in Baltimore. The property, renamed
The Academy on Charles, offers a mix of stu-
dio, one-, two-, three- and four-bedroom fully
furnished units. Community amenities include
a rooftop terrace, state-of-the-art fitness center,
clubhouse, business center, indoor bike room,
tanning bed, study lounge and a game and
recreational area.
The Clubhouse Apartments community was sold by Storrs Acquisition LLC,
alongside four other properties near the University of Connecticut.