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January 29, 2024
PAOLI, PA - TSB Realty, LLC successfully completed the sale of Identity Eugene, a 209-unit, 686-bed luxury student housing property located near the University of Oregon in Eugene, Oregon. A joint venture between Core Spaces and Harrison Street purchased the property from an undisclosed buyer and announced it has been rebranded as The Rive Eugene. In addition to TSB Realty brokering the sale, TSB Capital Advisors consulted on the joint venture partnership and arranged the acquisition financing.....
January 5, 2024
FLAGSTAFF, AZ - TSB Realty, LLC successfully completed the sale of Elara at The Sawmill, a 332-unit, 804-bed luxury student housing property located next to Northern Arizona University in Flagstaff, Arizona. McGrath Real Estate Partners and Kayne Anderson Real Estate sold the property to an undisclosed buyer. In addition to TSB Realty brokering the sale, TSB Capital Advisors consulted on the buyer joint venture partnership and arranged the acquisition financing. “We’re proud to...
January 18, 2023
PAOLI, PA - TSB Realty, LLC closed 2022 by successfully completing the sale of 21 Rio, a 156-unit, 296-bed luxury high-rise student housing property located in Austin’s popular West Campus neighborhood and just blocks from the University of Texas campus. Nimes Real Estate (“NRE”) purchased the asset from CA Student Living and Principal Real Estate. In addition to TSB Realty brokering the sale, TSB Capital Advisors arranged the acquisition financing for NRE....
December 7, 2022
PAOLI, PA - TSB Realty, LLC successfully completed the sale of a five-property student housing portfolio totaling more than 1,600 beds. Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, sold the properties to a joint venture of Global Student Accommodation (GSA) and Morgan Stanley Real Estate Investing (MSREI). “We’re proud to continue our strong relationships with Harrison Street, GSA and MSREI with the sale of such a...
June 9, 2022
PAOLI, PA - TSB Realty, LLC successfully completed the sale of The Next at ODU, a 307-unit, 909-bed purpose-built student housing property located next to Old Dominion University in Norfolk, Virginia. The Michaels Organization sold the asset to Saxum Real Estate. “The Next provided a unique opportunity to own the only purpose-built student housing property in the Norfolk market,” said Timothy S. Bradley, a principal with TSB Realty and the founder of TSB Capital Advisors....
June 1, 2022
PAOLI, PA - TSB Realty, LLC successfully completed the sale of The Walk, an 87-unit, 251-bed boutique mid-rise student housing property located directly across from the University of Alabama campus in Tuscaloosa. Spaces Management sold the asset to Versity Invest. “It’s hard to beat a newly delivered property in a Power 5 market, especially one as desirable as Tuscaloosa,” said Timothy S. Bradley, a principal with TSB Realty and the founder of TSB Capital Advisors....