Student Housing Business

MAR-APR 2015

Student Housing Business is the voice of the student housing industry.

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STUDENT HOUSING BUSINESS .COM MARCH/APRIL 2015 37 INDUSTRY TRENDWATCH RECENT TRANSACTIONS Property Name City, State Price $ $/unit Buyer Trojan Palms Los Angeles 8,900,000 247,222 Qijie Zhao by Marcus & Millichap from Paragon RE Investments by Marcus & Millichap Highland Parc Riverside, CA 3,500,000 116,666 Lawrence & Millie Watkins Living Trust from StarPoint Properties The Union Corvallis, OR 19,100,000 280,882 Horizon Realty Advisors from Project PDX by Berkadia Table Rock Flagstaff, AZ 14,350,000 143,500 Red Rock Investment Management from Virtu Investments by Cushman & Wakefeld Park Point Syracuse University Syracuse, NY N/A N/A American Campus Communities from Syracuse University Avalon Los Angeles 6,950,000 463,333 Community Builders Group from Coastal Capital Partners by Colliers International 412 Lofts Minneapolis 26,300,000 257,843 University Communities LLC from Doran Companies by Cushman & Wakefeld/NorthMarq The Edge on Oak Minneapolis 13,550,000 208,461 University Communities LLC from Doran Companies by Cushman & Wakefeld/NorthMarq Sydney Hall Minneapolis 40,645,407.1 325,163 University Communities LLC from Doran Companies by Cushman & Wakefeld/NorthMarq The Dinkydome Minneapolis N/A N/A University Communities LLC from Doran Companies by Cushman & Wakefeld/NorthMarq University Edge Baton Rouge, LA 32,500,000 205,696 Scion Group from Hallmark Communities by Berkadia College Park-The Commons Auburn, AL 5,126,519 33,289 from CWCapital Asset Mgmt OBO CD 2007-CD4 Village at Alafaya Club Orlando, FL N/A N/A Starwood Capital Group from American Campus Communities The View Lincoln, NE N/A N/A Starwood Capital Group from American Campus Communities Chapel Ridge Chapel Hill, NC 30,375,000 168,750 Starwood Capital Group from American Campus Communities Chapel View Chapel Hill, NC 16,875,000 75,334 Starwood Capital Group from American Campus Communities University Greens Norman, OK 15,750,000 100,961 Starwood Capital Group from American Campus Communities University Place Charlottesville, VA N/A N/A Starwood Capital Group from American Campus Communities Coastal Village Fort Myers, FL 32,000,000 160,000 PSI Capital Management by JBM Institutional Multifamily Advisors from Treasure Cove Development Corp by Sperry Van Ness Sterling Frisco Fayetteville, AR 49,000,000 223,744 GMH Capital Partners JV Principal Real Estate Investors from Specialized Real Estate Group by TSB Capital Advisors www.uloft.com/blog MAKERS OF COOL FURNITURE TM Quality and durability are standard. Elegance, style and sophistication thrown in free of charge. Visit us in Booth 700 at Interface April 8th - 10th. Visit Our World Headquarters 2588 Jannetides Blvd., Greenfield, IN 46140 Or visit us online @ www.uloft.com 800.423.LOFT (5638) | 317.866.LOFT (5638) The Uptown Series with Ridgefield Upholstery

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