Berkadia announced that its Student Housing platform had a successful first quarter with significant transaction activity nationwide. The platform transacted on a total of 11,094 beds, showcasing robust investment sales and mortgage banking activity in the sector.
The investment sales arm, led by senior managing directors Kevin Larimer and Brandon Buell transacted on 4,275 beds across eight assets. The sales activity included:
- 792 beds at Sam Houston State University
- 104 beds at Creighton University
- 312 beds at University of Kansas
- 2,772 beds at Michigan State University
- 238 beds at Ole Miss
- 57 beds at Brigham Young University
The mortgage banking arm, comprised of managing directors Aaron Moll and Steve Skok, senior managing director Pete Benedetto and director Trevor Friday, facilitated transactions involving 6,819 beds across 12 properties. Key transactions included:
- 240 beds at Northern Arizona University
- 478 beds at Georgia Tech
- 792 beds at Sam Houston State University
- 312 beds at University of Kansas
- 2,772 beds at Michigan State University
- 128 beds at Florida State University
- 239 beds at Texas A&M University
- 549 beds at Stephen F. Austin State University
- 564 beds at University of North Texas
- 515 beds at Boise State University
- 238 beds at Ole Miss
The post Berkadia Student Housing Transacts on 11K Beds in Q1 appeared first on Connect CRE.
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