Berkadia has arranged the sale of Orchard Corners & Suites, a student housing community serving The University of Kansas in Lawrence, Kansas. The garden-style property comprises 139 units and 264 beds and is specifically positioned to cater to students attending the nearby university.
The transaction was completed on behalf of the seller, Utah-based Redstone Residential. Berkadia brought together professionals from its Student Housing and Kansas City investment sales teams to execute the assignment. The collaboration included Senior Managing Directors Travis Prince and Kevin Larimer, Directors Shawn Lubic and Victoria Marks from Berkadia Student Housing, and Senior Director Michael Spero, Director Niko Vrentas, and Associate Director Simon Rodewald from Berkadia Kansas City.
Orchard Corners & Suites offers a mix of fully furnished two-, three-, and four-bedroom apartments designed for student living, as well as unfurnished studio units. The community is located just west of The University of Kansas campus, near the intersection of Bob Billings Parkway and Kasold, giving residents convenient access to the university along with nearby food and retail options.
The pet friendly community incorporates on-site amenities tailored to student needs and lifestyles. Shared features at the property include a swimming pool, a fitness center, and dedicated study rooms, providing residents with both recreational and academic support spaces within the complex.
Situated in a location that connects directly to the university and neighborhood retail, Orchard Corners & Suites is positioned as a dedicated student housing option in Lawrence. The sale reflects ongoing activity in the student housing segment around major university markets, with specialized brokerage teams such as Berkadia’s coordinating transactions between sellers and prospective buyers.
