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Student Housing Daily - March 5, 2026 - Landmark buys 556-bed Texas Tech Asset

Student Housing Daily - March 5, 2026 - Landmark buys 556-bed Texas Tech Asset

Franklin Street brokers $24.4M sale. LV Collective and Harrison Street launch 749-bed project. Landmark buys 27 acres for student housing development. Student housing preleasing accelerates but rents continue to soften. Four new student housing deals.

Aid Sopjani & Matt H
March 05, 2026

Good morning. Welcome to Student Housing Daily! In each issue, we cover the top stories, trends, and listings in student housing.

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NEWS ROUNDUP

ACQUISITION: Landmark Properties buys 556-bed Texas Tech asset. Landmark Properties has acquired The Bloc, a 10-building, 556-bed student housing community serving Texas Tech University in Lubbock. CBRE brokered the sale on behalf of an undisclosed seller, while TSB Capital Advisors arranged acquisition financing for Landmark. Landmark bought The Bloc in conjunction with Park East, a 732-bed student housing development located roughly a block away.

DISPOSITION: Franklin Street brokers $24.4 million sale. Franklin Street has brokered the $24.4 million sale of The Depot, an 83-unit mixed-use property adjacent to the University of Wisconsin–Madison in downtown Madison. The asset traded at 98% occupancy, pointing to strong in-place performance with additional upside. Patrick Mullowney and Joel Dumes of Franklin Street represented the seller, Depot Development, and facilitated the sale to Kismet Real Estate.

DEVELOPMENT: LV Collective and Harrison Street launch 749-bed project. A JV between LV Collective and Harrison Street Asset Management is developing Rambler Clemson, a 749-bed student housing community in Clemson, South Carolina, with QuadReal providing construction financing. The project is slated to deliver in 2028 and marks LV Collective’s first entry into the Clemson University market.

DEVELOPMENT: Landmark Properties buys 27 acres for student housing development. Landmark Properties has acquired a 27-acre site in Oxford, Mississippi, and plans to develop The Station at Oxford, an 817-bed student housing community near the University of Mississippi. Jason Doornbos, Landmark’s Chief Development Officer, said the project will provide a “best-in-class” cottage-style option and is among the only new student housing properties under construction in the market since 2018, positioned to capture demand with proximity to campus and modern amenities.

READ: Student housing preleasing accelerates but rents continue to soften.