TSB Capital Advisors assists GSA on financing facilities totaling more than $550 million
Global Student Accommodation, the global leader in student housing, announced today that it has closed four financing facilities in the U.S. totaling in excess of $550m. The facilities with Pacific Life Insurance Company, J.P. Morgan and TD Bank, PGIM Real Estate, and PNC Agency Finance, which provided access to Freddie Mac financing, were finalized in […]
TSB Capital Advisors arranges acquisition financing for 21 Rio, luxury high-rise near University of Texas
PAOLI, PA — TSB Realty, LLC closed 2022 by successfully completing the sale of 21 Rio, a 156-unit, 296-bed luxury high-rise student housing property located in Austin’s popular West Campus neighborhood and just blocks from the University of Texas campus. Nimes Real Estate (“NRE”) purchased the asset from CA Student Living and Principal Real Estate. […]
TSB Capital Advisors helps close one of largest single-asset purchases in student housing history
NEW YORK — Vesper Holdings announced today its acquisition of Sol y Luna, a two-tower, high-rise luxury student housing complex located in Tucson, Arizona. The acquisition ranks among the five largest single-asset purchases in student housing history and the largest not involving institutional capital. Vesper was advised on the transaction by Timothy Bradley from TSB Capital Advisors. […]
TSB Capital Advisors arranges financing for Landmark Properties’ second Build-to-Rent neighborhood
ATHENS, Ga — Landmark Properties announced today the second groundbreaking from its new “build-to-rent” (BTR) division focused on single-family rental home neighborhoods. Construction is scheduled to begin in October at The Everstead at Windrose in Spring, Texas. The project will be pursued in a partnership with Principal Real Estate Investors. TSB Capital Advisors arranged financing for the […]
TSB Capital Advisors arranges financing for Landmark Properties’ first Build-to-Rent Neighborhood
ATHENS, Ga — Landmark Properties announced today the first groundbreaking from its new “build-to-rent” division focused on single-family rental home neighborhoods. Construction began in September at The Everstead at Madison in Madison, Ala., and the company’s build-to-rent division will bring more single-family homes on the market to meet current demand across the country. TSB Capital […]
TSB Capital Advisors serves as financial advisor on $13 billion acquisition of American Campus Communities
AUSTIN, Texas & NEW YORK — Blackstone today announced that Blackstone Core+ perpetual capital vehicles, primarily comprising Blackstone Real Estate Income Trust, Inc. and Blackstone Property Partners, have completed the previously announced acquisition of all of the outstanding shares of common stock of American Campus Communities, Inc., the largest developer, owner and manager of high-quality […]
Bradley joins Power Panel to open 2022 InterFace Student Housing Conference
AUSTIN, TEXAS — More than 1,300 attendees gathered last week for the 14th annual InterFace Student Housing Conference, where the sector’s resilience during the pandemic and bright outlook for 2022 and beyond dominated the conversation. This was particularly true during the event’s opening Power Panel, which brought together a consortium of high-level executives, including Timothy […]