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Muinzer Completes Sale of Two Development Sites Adjacent to Purdue University

On Jan. 22, 2026, Muinzer closed sales of the Chauncey Hill Annex and Chauncey Hill Employee Parking Lot adjacent to Purdue University.
Muinzer acquired the three-property Chauncey Hill Portfolio in 2020 as a distressed purchase in a resilient student-housing market; the firm was founded in 2002 by Marc Muinzer, a Purdue alumnus.
The portfolio achieved a 3.2x multiple and a 42% IRR on invested equity after the three-property portfolio sale, including the 2022 Chauncey Hill Mall sale.
The transactions highlight Muinzer's active presence with offices in Los Angeles, Chicago, West Lafayette, Auburn, and Knoxville and add to recent monetizations totaling over $300 million across its student housing platform.
Looking to future deals, Muinzer says it has delivered exceptional risk-adjusted returns for more than 20 years, partnering with institutional and private capital, said Marc Muinzer.

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Muinzer Completes Sale of Two Development Sites Adjacent to Purdue University

CHICAGO, Jan. 22, 2026 /PRNewswire/ -- Muinzer, a vertically integrated real estate investment firm specializing in student housing, announced today the closing of the sale of two development sites located in the commercial heart of West Lafayette, adjacent to Purdue University. Muinzer originally acquired the three-property Chauncey Hill Portfolio in 2020, acting quickly to close the distressed acquisition in one of the nation's most resilient …

2 months ago·New York, United States

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