Campus Apartments Acquisition of The Union at Auburn Student Housing

United States

Deal value: $51,000,000

Acquisition of The Union at Auburn, a 220-bed student housing property serving Auburn University, built in 2019, with 100% occupancy for the 2025-2026 academic year.

The acquisition targets a stabilized, high-quality student housing asset with 100% occupancy at a major university, reflecting a belief in the resilience and growth of purpose-built student housing near Tier 1 institutions. The timing leverages strong demand fundamentals, limited new supply, and the ongoing institutionalization of the sector. The core motivation is to secure predictable cash flows and long-term value appreciation in a defensive asset class.