Acquisition of The Union at Auburn Student Housing

United States

Deal value: $89,000,000

Acquisition of a 220-unit, 750-bed, purpose-built student housing property near Auburn University.

The acquisition targets a high-demand, purpose-built student housing asset near Auburn University, capitalizing on sustained enrollment growth and a tightening student housing market. The core motivation is to secure stable, inflation-protected cash flows from a resilient asset class with strong occupancy fundamentals. The deal reflects a belief in the long-term value of well-located, amenitized student housing serving major universities.