Landmark Properties acquired The Bloc and Park East, two residential communities near Texas Tech University in the Lubbock neighborhood of Overton Park. The transaction will add 1,288 beds to Landmark’s portfolio. TSB Capital Advisors arranged financing for the transaction.Â
The Bloc offers three- and four-bedroom units, and Park East offering two- and four-bedroom plans.
Built in 2017, The Bloc offers residents 556 beds across 140 units. The Bloc is the only student housing community in Lubbock with a rooftop amenity lounge featuring a resort-style pool, grilling areas, and fire pits. Other property perks include a fitness center, computer and study lounge, and a social gathering area.Â
Park East, built in 2016, features 732 beds across 219 units. Park East offers a 24-hour coffee bar, resident lounge, study rooms, and a fitness center. Outdoor amenities include a resort-style pool, grilling areas, a firepit, bocce ball and sand volleyball courts, and a putting green.
The post Landmark Picks Up Two Texas Tech Student Housing Communities appeared first on Connect CRE.
​Â