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- Student Housing Daily - April 23, 2026 - Landmark and Kane acquire 128-bed asset in Georgia
Student Housing Daily - April 23, 2026 - Landmark and Kane acquire 128-bed asset in Georgia
LV Collective and Peninsula close financing. Landmark and Silverpeak break ground on 825 beds. Gilbane Development appoints new Head of Capital Markets. Earlier leasing, tougher competition for student housing. Four new student housing deals.
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NEWS ROUNDUP

ACQUISITION: Landmark and Kane acquire 128-bed asset in Georgia. Landmark Properties, together with Kane Properties, has acquired a 128-bed student housing community in Athens, Georgia. JD Goering, senior vice president of acquisitions, said the property is a strong fit because it adds more walkable-to-campus housing and sits next to Landmark’s largest asset in the market, The Mark. TSB Capital Advisors arranged debt financing for the deal, with Seacoast Bank serving as lender.

FINANCING: LV Collective and Peninsula close financing for $125 million tower. LV Collective and Peninsula Investments have closed financing for a $125 million student housing project in College Station, Texas, with delivery planned for summer 2028. UMB is providing construction financing, while Oz Architecture is serving as architect and JE Dunn as general contractor.

DEVELOPMENT: Landmark and Silverpeak break ground on 825-bed community. Landmark Properties and Silverpeak have broken ground on a new townhome-style student housing development in Columbia aimed largely at serving University of South Carolina students, though it will not be student-restricted. Jared Munneke, director of development at Landmark Properties, said the project is meant to help meet growing housing demand as USC, Columbia, and South Carolina continue to expand. The project is expected to open for the 2027–2028 academic year, with applications for fall housing anticipated to begin as early as October 2026.

PEOPLE MOVES: Gilbane Development appoints new Head of Capital Markets. Gilbane Development has named Andreas Vlahakis as head of capital markets, based in the firm’s New York office. In the role, Vlahakis will oversee and execute Gilbane’s funding strategy, help shape capital allocation and investment decisions, strengthen relationships with debt and equity partners, and lead transaction structuring and negotiations while reporting to President and CEO James Patchett.

STUDENT HOUSING FOR SALE
Click each image for more information:
305 Beds | 86 Units | Built in 2014 | 99% Occupied | 93% Preleased For AY 26-27
606 Beds | 180 Units | Built in 2005 | Master Leased 100% Of Beds Since 2019
365 Beds | 103 Units | Built in 2025 | 0.07 Miles to Campus | 99.7% Preleased For AY 26-27
560 Beds | 224 Units | Built in 2005 | 0.1 Miles to Campus | 96% Occupancy

ONE MORE THING
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