Student Housing Daily - August 12 - QuadReal acquires 3,460-bed UK student housing portfolio from Apollo

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NEWS ROUNDUP

ACQUISITION: QuadReal acquired 3,460-bed UK student housing community from Apollo. QuadReal Property Group has purchased an eight-asset, 3,460-bed purpose-built student accommodation (PBSA) portfolio from Apollo-managed funds and entities. The portfolio spans key PBSA markets — including London — with 75% located near Russell Group universities. Built within the past five to seven years, the properties feature high-spec finishes and amenities such as gyms, co-working spaces, AV rooms, and event areas. OPRE Solutions will serve as asset manager. The deal adds to QuadReal’s existing 8,500 UK residential units and 1,000 student beds, part of a global portfolio of over 65,000 residential units and 28,000 student . Managing Director Jay Kwan called the acquisition “an opportunity to expand our student housing platform” in a market with “resilient demand and significant growth drivers.”

DEVELOPMENT: Landmark Properties eyes redevelopment of former PeaceHealth site in Oregon. Landmark Properties has filed plans for a potential two-phase residential redevelopment on a portion of PeaceHealth’s University District property in Eugene, OR, just a block from the University of Oregon campus. Phase one calls for a five-story, 359,000-square-foot building with roughly 261 units on 2.6 acres at the site’s southern end. Phase two would deliver another five-story, 382,875-square-foot building with about 265 units on 3.28 acres. Together, the nearly 5.9-acre project aims to create a “vibrant community hub” with high-quality housing and activated streetscapes for students and the West University neighborhood. Landmark anticipates filing demolition and foundation permits in February 2026 for the first phase, followed by building permits in March. The firm has previously developed three Oregon student housing projects, including The Standard at Eugene.

FUNDRAISING: Carlyle closes $9 billion US opportunistic real estate fund. Carlyle has closed Carlyle Realty Partners X (CRP X) with $9 billion in commitments, surpassing the $8 billion raised for CRP IX in 2021. The fund will target residential, self-storage, and industrial sectors, avoiding office, hotel, and retail. “Amid one of the most difficult fundraising environments for real estate in recent memory, we’re grateful for the trust our limited partners have placed in us,” said Rob Stuckey, Head of Carlyle’s U.S. Real Estate team.

PEOPLE MOVES: LV Collective expands student housing leadership team. LV Collective has appointed Rodney J. King as Senior Vice President of Land Acquisitions and Brittani Sanders as Senior Director of Development, strengthening the Austin-based firm’s national student housing strategy. King will lead land acquisition efforts for LV’s student housing pipeline, bringing experience from senior roles at Portman Holdings, Greystar, and Core Spaces. Sanders will oversee site strategy and execution, drawing on her background as vice president of student housing and multifamily development at Portman Holdings, and previous roles at CRG and JLL. “With King and Sanders joining our team, we’re adding exceptional talent and experience to our organization,” said David Kanne, CEO of LV Collective. “Their expertise and execution in site acquisitions, development, and entitlements will play a critical role in advancing our national growth strategy within the student housing industry.”

READ: Q2 2025 student housing report.

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