** Student housing sets an all-time high in transaction volume for 2022 with an annualized total of $18.9 billion, according to a recent report from JLL, significantly surpassing the previous year-end high of $11.5 billion in 2021. However, without the blockbuster Blackstone-ACC deal included, overall deal volume declined from 2021 to 2022.
** Brokerage firm Marcus & Millichap arranges the sale of Ducks Village, a 650-bed student housing property located near the University of Oregon campus in Eugene. The 22-building community boats a combined 230 units. Joel Dumes and Patrick Mullowney of Marcus & Millichap represented the seller, a limited liability company, and secured the buyer in the deal.
** TSB Realty, LLC completes the sale of a five-property student housing portfolio totaling more than 1,600 beds. Harrison Street sold the properties to a joint venture of Global Student Accommodation (GSA) and Morgan Stanley Real Estate Investing (MSREI). The transaction includes assets located near the University of Texas in Austin, Texas, as well as one property near the College of Charleston in Charleston, South Carolina, and one near Northern Arizona University in Flagstaff, Arizona.