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Bascom Group acquires 204-bed student-housing community near University of Texas at Austin – REJournals

Bascom Group acquires 204-bed student-housing community near University of Texas at Austin – REJournals
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Bascom Group Buys 204-Bed Austin Student Community

The Bascom Group has acquired Texan 26, a 53-unit, 204-bed student housing community next to the University of Texas at Austin’s campus. ....

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Axonic Properties Buys 382-Bed Texas Student Community

Axonic Properties has acquired Maverick Place, a 382-bed community in Arlington, Texas, adjacent to the University of Texas at Arlington. ....

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The Preiss Company Adds to Student Housing Portfolio With 928-Bed Valentine Commons Off-Campus Student Housing Community

RALEIGH, NC - Officials at The Preiss Company (TPCO), one of the nation’s largest, privately-held, student housing owner-operators, announced the acquisition of the 928-bed Valentine Commons for an undisclosed amount. The off-campus student apartment complex will undergo a $10 million renovation to further upgrade certain public and private spaces.
Ben Roelke and Ian Walker with Newmark, a global commercial real estate services provider, arranged $77,300,000 in acquisition financing. ....

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The Preiss Company Completes Acquisition of 847-Bed The Collective at Lubbock Student Housing Community Serving Texas Tech

LUBBOCK, TX - Officials at The Preiss Company (TPCO), one of the nation’s largest, privately-held, student housing owner-operators, and a private equity real estate fund, announced the acquisition of The Collective at Lubbock, an 847-bed student housing complex. TPCO plans to begin a multi-million capital improvement project scheduled to begin Spring of 2022 and completed in phases over the next three years to minimally impact residents. Acquisition financing was arranged by Ben Roelke. ....

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