**Berkadia Student Housing Closes Strong Q1 with 11,000+ Beds Transacted Nationwide**
Berkadia’s Student Housing platform reported a highly successful first quarter, transacting on a total of 11,094 beds across the United States through a combination of investment sales and mortgage banking efforts.
The investment sales division, led by Senior Managing Directors Kevin Larimer and Brandon Buell, completed transactions totaling 4,275 student housing beds across eight assets. Notable sales included:
– 792 beds at Sam Houston State University
– 104 beds at Creighton University
– 312 beds at the University of Kansas
– 2,772 beds at Michigan State University
– 238 beds at the University of Mississippi (Ole Miss)
– 57 beds at Brigham Young University
In tandem, Berkadia’s mortgage banking division—comprised of Managing Directors Aaron Moll and Steve Skok, Senior Managing Director Pete Benedetto, and Director Trevor Friday—facilitated financing for properties comprising 6,819 beds across 12 separate transactions. Significant deals included:
– 240 beds at Northern Arizona University
– 478 beds at Georgia Tech
– 792 beds at Sam Houston State University
– 312 beds at the University of Kansas
– 2,772 beds at Michigan State University
– 128 beds at Florida State University
– 239 beds at Texas A&M University
– 549 beds at Stephen F. Austin State University
– 564 beds at the University of North Texas
– 515 beds at Boise State University
– 238 beds at the University of Mississippi (Ole Miss)
The strong performance in both sales and financing highlights robust demand and continued investor interest in the student housing market as the sector continues to demonstrate resilience and attraction across key university markets.
