TSB Capital serves as financial advisor on $1.6 billion, 19-property student housing portfolio transaction
NEW YORK—KKR and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced a definitive agreement for funds managed by KKR to acquire a portfolio of 19 purpose-built student housing properties from BREIT for approximately $1.64 billion. The over 10,000-bed portfolio is comprised of 19 purpose-built, premium student housing assets anchored to 14 leading four-year public […]
TSB Capital Advisors arranges refinancing of Twin River Commons, luxury student housing property near SUNY-Binghamton
PHOENIX, AZ – TSB Capital Advisors, the national leader in student housing and multifamily real estate advisory services, successfully arranged a floating-rate loan on behalf of Harrison Street to refinance Twin River Commons, a 127-unit, 371-bed luxury student housing property located near the State University of New York at Binghamton. “This Class-A property is perfectly […]
TSB Capital Advisors arranges financing of VERVE, student housing property near Rutgers University
PHOENIX, AZ – TSB Capital Advisors, the national leader in student housing and multifamily real estate advisory services, successfully arranged a fixed-rate loan on behalf of The Scion Group and PGIM Real Estate to refinance VERVE, a 181-unit, 696-bed luxury student housing property located near Rutgers University’s main campus in New Brunswick, New Jersey. The […]
TSB Capital Advisors secures loan for student housing development in Tallahassee, Florida
Oak Brook, Ill. – Inland Real Estate Acquisitions, LLC (“Inland Acquisitions”) announced today that it negotiated and closed a joint venture for a student housing development in Tallahassee, Florida. Mark Cosenza, senior vice president of Inland Acquisitions, with assistance from David Neboyskey, VP and associate counsel of The Inland Real Estate Group, LLC, Law Department, […]
TSB Capital Advisors consults on joint venture partnership, arranges acquisition financing for student housing at University of Oregon
PAOLI, PA — TSB Realty successfully completed the sale of Identity Eugene, a 209-unit, 686-bed luxury student housing property located near the University of Oregon in Eugene, Oregon. A joint venture between Core Spaces and Harrison Street purchased the property from an undisclosed buyer and announced it has been rebranded as The Rive Eugene. In […]
TSB Capital Advisors arranges debt for the recapitalization of The Standard at Austin
ATHENS, Ga. – Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, announced today it has recapitalized The Standard at Austin a 934-bed, student housing community located at 715 W 23rd St. in Austin, TX. The community serves the students attending the University of Texas-Austin. TSB Capital […]
TSB Capital Advisors consults on joint venture partnership, arranges acquisition financing for Elara at The Sawmill
PAOLI, PA — TSB Realty, LLC successfully completed the sale of Elara at The Sawmill, a 332-unit, 804-bed luxury student housing property located next to Northern Arizona University in Flagstaff, Arizona. McGrath Real Estate Partners and Kayne Anderson Real Estate sold the property to an undisclosed buyer. In addition to TSB Realty brokering the sale, […]
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 […]