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Coastal Ridge Acquires Two Student Housing Communities Near Iowa State University
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Coastal Ridge Acquires Two Student Housing Communities Near Iowa State University
AMES, IOWA — Coastal Ridge has acquired two student housing properties serving Iowa State University in Ames. The acquisitions were part of a portfolio that also included a property in Louisiana totaling just under 1,600 beds with a gross asset value of approximately $90 million. The acquisitions mark the firm’s initial deployment of capital from the Coastal Ridge Value-Add Student Housing Fund LP, the company’s inaugural institutional commingle…
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