Student Housing Daily - October 29, 2026 - Colliers closes 341-bed sale near Tarleton State in Texas

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NEWS ROUNDUP

ACQUISITION: Colliers closes sale of 341 beds near Tarleton State. Tarantino Properties has sold The Edge on Washington in Stephenville, Texas, to a private buyer, according to a closing announcement submitted by Colliers. The 341-bed community at 1136 W. Washington Street was 100% occupied at closing and has a partial master lease with Tarleton State University. Colliers senior vice presidents Sean Baird and Jonathan Holt, alongside associate Cole Cusmano, handled the transaction.

DEVELOPMENT: Samford wins approval for housing up to 494 students. Homewood City Council has unanimously approved Samford University’s South Campus housing plan in Alabama. The project calls for two six-story buildings accommodating up to 494 students and approximately 9,250 square feet of retail on 27 acres south of Lakeshore Drive. At an earlier public hearing, Colin Coyne, vice president for finance and business affairs, linked the project to record enrollment of 6,522 students and Samford’s goal of housing 75% of students on campus.

DISPOSITION: Berkadia brokers 264-bed sale near University of Kansas. Redstone Residential has sold Orchard Corners & Suites, a 139-unit, 264-bed garden-style student housing community serving the University of Kansas in Lawrence. Berkadia’s Student Housing and Kansas City investment sales teams represented the Utah-based seller. The team included Travis Prince, Kevin Larimer, Shawn Lubic, Victoria Marks, Michael Spero, Niko Vrentas, and Simon Rodewald. The buyer and sale price were not disclosed.

ACQUISITION: SVSU approves purchase of housing for 357 residents. Saginaw Valley State University has approved acquiring the eastern portion of Campus Village Apartments in Michigan. The townhouse-style community will become Cardinal Corners and has space for 357 residents in single bedrooms; the western portion will remain privately owned. Trustees authorized up to $32 million for the apartments and other adjacent parcels, rather than a standalone apartment price, plus up to $32.3 million in bonds to finance the acquisitions. President George Grant Jr. said the purchase will expand housing capacity and bring Cardinal Corners under University Police jurisdiction.

READ: Niagara Falls selects developer for proposed 100-bed student housing project.

STUDENT HOUSING FOR SALE

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265 Units | 470 Beds | Built 2008 | Near University of Illinois Urbana-Champaign

169 Units | 195 Beds | Built 2020 | Near University of Minnesota

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