student housing Archives

Grand Canyon University buys Phoenix apartment complex

Camelback_Vista_Apartments_12, WEB

Marcus & Millichap announced the sale of Camelback Vista, a 200-unit apartment property located in Phoenix, according to Don Morrow, Regional Manager of the firms Phoenix office. The asset commanded a sales price of $5,125,000. Rich Butler, Brian Tranetzki, Cliff David and Steve Gebing multifamily investment specialists in Marcus & Millichap’s Phoenix office, had the… Read More →

Campus Walk and Campus View Apartments Sells For $5.6 Million in Tempe

Campus Walk Apartments

Colliers International in Greater Phoenix negotiated the sale of the Campus Walk and Campus View Apartments in Tempe, Ariz., for approximately $5.58 million, or $50,718 per unit. The two communities consist of a combined 110 units. The buyer was Renue on Orange, LLC, of Scottsdale, a company formed by Jay Chernikoff and Michael Christiansen. The… Read More →

Beal | Derkenne Construction to Build Student Housing Project in Tucson

by in Multi-Family | New to Market

  Beal | Derkenne Construction has entered a pre-construction agreement for a student housing project in Tucson. The project, Park Avenue, is being developed by Campus Acquisitions (CA) of Chicago. Work is scheduled to begin in 1Q 2013, with completion expected to be finalized by 3Q 2014. Park Avenue is representing the second phase of… Read More →

Multi-Family: Downtown Phoenix Housing Project

downtown phoenix housing

Downtown Phoenix Housing Project Developer: Concord Eastridge General Contractor: hardison/downey Architect: Ayers Saint Gross Location: Roosevelt St. to the north; McKinley St. to the south; Fourth St. to the east; Third St. to the west Size: 2.9-acre site comprising 2 parcels The $52M, 2-building, mixed-use project is the first private investing supporting Downtown Phoenix student… Read More →

Education: Hilltop And McConnell, NAU

Hilltop And McConnell, AZRE September/October 2011
by in Education

HILLTOP & MCCONNELL: PRIVATIZED STUDENT HOUSING AT NORTHERN ARIZONA UNIVERSITY Developer: American Campus Communities General contractor: Hardison/Downey Construction, Inc. Architect: Todd & Associates Location: NAU campus, Flagstaff Size: 434,058 SF Hilltop and McConnell are two student housing projects combine for 1,126 beds in 419 units. The $60.6M project will consist of two separate developments: a modern residence hall called McConnell (550… Read More →

Education: Plaza Centro

University of Arizona Plaza Centro, AZRE July/August 2011
by in Education

PLAZA CENTRO Developer: OasisTucson (Capstone Communities, operator) General contractor: TBD Architect: Aleks Instanbullu/SmithGroup Location: 4th Ave. and Congress St. / 2 S. 4th Ave., Tucson Size: 380,000 SF residential/25,000 SF retail The University of Arizona student-housing project includes two 11-story towers and another site with 3 stories residential. The $50M project is expected to break ground in 1Q 2012 with… Read More →

Education: Prescott College Student Housing

Prescott College Student Housing, AZRE January/February 2011
by in Education

PRESCOTT COLLEGE STUDENT HOUSING Developer: Prescott College General contractor: Haley Construction, Inc. Architect: Weddle Gilmore Architects Location:  220 Grove Ave., Prescott Size: 35,000 SF Prescott College is developing a $7M housing project focused on providing on-campus independent living facilities for students. The project will consist of 3 multi-level townhome style buildings along the banks of Butte Creek. It is targeting… Read More →

Education: 922 Apache

922 Apache, AZRE July/August 2008
by in Education

922 APACHE Developer: Campus Acquisitions General contractor: Nelson Cos. Architect: Hartshorne Plunkard Architecture Location: 922 E. Apache, Tempe Size: 275,000 SF on 1.52 acres The $35 million, 10-story mid-rise features 132 fully furnished units. The student-housing project includes 153,000 SF of residential space with the remainder comprising parking, a large common area and 5,000 SF of… Read More →