Newmark Arranges Sale of Five-Property, Nearly 1,250-Unit National Student Housing Portfolio - Newmark Group (NASDAQ:NMRK)
- Newmark announced on April 16, 2025, the arrangement of a student housing portfolio sale.
- Investors target university submarkets amid rising enrollment and campus expansion.
- This portfolio has 1,248 units with 3,693 beds across Florida, Texas, Indiana, and North Carolina.
- Ryan Lang said the transaction reinforces demand for student housing near universities.
- This transaction marks the largest student housing portfolio sale in the U.S. Year-to-date.
25 Articles
25 Articles
Newmark Arranges Sale of Five-Property, Nearly 1,250-Unit National Student Housing Portfolio - Newmark Group (NASDAQ:NMRK)
Transaction Marks Largest Student Housing Portfolio Sale in U.S. Year-To-Date1 AUSTIN, Texas, April 16, 2025 /PRNewswire/ -- Newmark Group, Inc. (NASDAQ:NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the company has arranged the sale of a five-property student housing portfolio comprising 1,248 units…
Newmark Brokers Sale of 3,693-Bed Student Housing Portfolio Across Four States
NEW YORK CITY — Newmark Group has brokered the sale of a student housing portfolio situated across four states. Located near major public universities in Florida, Texas, Indiana and North Carolina, the portfolio comprises five properties housing 3,693 beds across 1,248 units. A joint venture between Nuveen and The Preiss Co. was the seller. The buyer and sales price were not disclosed, though Newmark states the transaction represents the larges…
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