TSB Capital Advisors arranges acquisition financing for 943-bed student housing property at Arizona State University
TEMPE, AZ — University Partners announced today the acquisition of Apollo Tempe, a 943-bed student housing community located near the Arizona State University campus in Tempe. Timothy S. Bradley and Shawn D. Sweeney of TSB Capital Advisors arranged acquisition financing on behalf of University Partners. Gilbane Development Co. delivered the community in 2020. Apollo features […]
TSB Capital Advisors arranges acquisition financing for ultra-luxury student housing community located near the University of Texas at Austin
PAOLI, PA — TSB Realty, an affiliate company of TSB Capital Advisors, announced today the sale of Villas on Rio, a 279-unit, 858-bedroom ultra-luxury student housing community located near the University of Texas in Austin’s popular West Campus neighborhood. An affiliate of Blue Vista Capital Management, LLC (“Blue Vista”) purchased the property from Villas Student […]
TSB Capital Advisors arranges construction financing of new 577-bed student housing building in Los Angeles
NEW YORK CITY — Square Mile Capital Management LLC (“Square Mile Capital”) today announced the closing of construction financing for the Hub on Campus II, a to-be-built 577-bed student housing building located at the University of Southern California in Los Angeles, California. Square Mile Capital served as the mezzanine lender with PacWest Bank as the […]
TSB Capital Advisors serves as financial advisor to new joint venture recapitalizing eight student housing properties
Landmark Properties announced today it entered into a joint-venture partnership with Blackstone Real Estate Income Trust, Inc. (“BREIT”) to recapitalize eight student housing assets totaling 5,416 beds across the U.S. TSB Capital Advisors acted as financial advisor to both Landmark Properties and BREIT. With this transaction, Landmark’s portfolio includes 79 student housing communities. “We are […]
TSB Capital Advisors collaborates on $25 million in financing for acquisition near University of South Florida
BETHESDA, MD — Walker & Dunlop announced today that it structured $25,350,000 in financing for The Retreat at Tampa, a Class A dedicated student housing property in Tampa, Florida. Located adjacent to the University of South Florida, the cottage-style community was built in 2017 and comprises 416 beds in total. TSB Capital Advisors worked with Walker & Dunlop Senior Managing Director Will Baker, […]
TSB Capital Advisors consults on 263-unit student housing community at Arizona State University
FORT WASHINGTON, PA — Toll Brothers, through its Toll Brothers Campus Living rental division, and Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, today announced the formation of a new joint venture to develop Canvas, a 263-unit, 826-bed luxury student housing community adjacent to Arizona State University in […]
TSB Capital Advisors plays pivotal role as GSA enters US market with acquisition of 27 student housing assets
Global Student Accommodation Group (GSA) announced today the acquisition of 27 US based properties from UCAL, the joint venture with University Communities LLC and the California State Teachers Retirement Fund. The portfolio features more than 8,000 student housing beds across 19 cities and 18 states, including District Flats near the University of Missouri; Carriage House […]
TSB Capital Advisors Closes 15 Deals Totaling Nearly 3,700 Units and More Than 9,300 Beds
PHOENIX, AZ – TSB Capital Advisors, the national leader in student housing real estate advisory services, successfully consulted on 15 new deals to close the third quarter and start the fourth quarter of the 2020 fiscal year. These recent transactions, totaling nearly 3,700 units and more than 9,300 combined student housing beds, stretch across top […]
TSB Capital Advisors consults on new joint venture for Gainesville student housing community
GAINESVILLE, FL — A joint venture between 908 Group, Scannell Properties and Atlantic American Partners received $65 million in construction financing for an unnamed development of a 604-bed student housing community near the University of Florida in Gainesville, according to an announcement today. First Merchant’s Bank, First Financial Bank and Old National Bank provided the […]
TSB Capital Advisors collaborates on two new student housing projects in Auburn, Alabama and Champaign, Illinois
PHOENIX, AZ — Core Spaces and Harrison Street announced today announced that they intend to develop student housing properties in Auburn, Alabama, and Champaign, Illinois. The projects mark an expansion of Core Spaces’ and Harrison Street’s existing partnership and the first development projects the groups have jointly pursued. TSB Capital Advisors proudly consulted on the […]