TSB Capital Advisors consults on recapitalization of Copper Social at Kennesaw State University
DENVER, CO – Cardinal Group Investments, a Denver-based real estate company and leader in student housing investments and property management, announced today the successful formation of a new partnership with StepStone Real Estate, the real estate arm of global private markets investment firm StepStone Group Inc., and the closing of a GP-led secondary in Copper […]
TSB Capital Advisors arranges financing for recapitalization of West 22
KENNESAW, GA — Vesper Holdings announced today it has recapitalized West 22, a 245-unit, 850-bed student housing community located near Kennesaw State University. Vesper owns the community through a joint venture partnership with an undisclosed investor. Timothy Bradley and Austin Kinn of TSB Capital Advisors arranged financing on behalf of the joint venture. West 22 […]
TSB Capital Advisors consults on joint venture partnership, arranges financing for acquisition of Nine20
PHOENIX, AZ – TSB Capital Advisors, the national leader in student housing and multifamily real estate advisory services, successfully arranged acquisition financing and advised on the joint venture partnership of Coastal Ridge Real Estate and Virtus Real Estate Capital for Nine20, a 775-bed student housing property located near Arizona State University in Tempe. The deal […]
TSB Capital Advisors secures acquisition financing for Clemson Lofts
CLEMSON, SC — Realco Capital Partners and Arcapita announced the sale of Clemson Lofts, a 641-bed community located near the Clemson University campus in South Carolina, to Core Spaces. Walker & Dunlop arranged the disposition and secured acquisition financing alongside TSB Capital Advisors. Completed in 2015, the 14-building property features 232 one-, two-, three- and […]
TSB Capital Advisors acts as financial advisor for development of Hub Knoxville
CHICAGO & KNOXVILLE, TENNESSEE — Core Spaces, Schenk Realty and Kayne Anderson Real Estate announced the closing of a $233.3M construction loan to finance the development of Hub Knoxville, a multi-tower, nearly 2,000-bed purpose-built student housing project located in the heart of Knoxville, Tenn. TSB Capital Advisors acted as the financial advisor on the transaction. […]
TSB Capital Advisors acts as financial advisor for new Tucson student property
CHICAGO, ILLINOIS & TUCSON, ARIZONA — Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets with approximately $55 billion in assets under management, and Core Spaces, a residential real estate developer, owner and operator, today announced the acquisition of land in Tucson, AZ for the construction of Hub Tucson […]
TSB Capital Advisors arranged financing for acquisition of Canvas Tempe
TEMPE, ARIZONA — University Partners announced today the acquisition of Canvas Tempe, an 826-bed student housing community located near the Arizona State University campus in Tempe. The property was acquired from a joint venture between Toll Brothers and Harrison Street for an undisclosed price. TSB Capital Advisors arranged financing for the acquisition on behalf of […]
Bradley, Power Panel highlight student housing’s positive outlook
AUSTIN, TEXAS —Experts in the student housing industry are bullish on the outlook for the upcoming academic year, citing the strong performance and outstanding fundamentals of the sector. At the recent 15th annual InterFace Student Housing conference in Austin, industry professionals from around the country convened at the JW Marriott downtown to share insights and […]
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. […]