Newmark has arranged the sale of Seminole Grand, a 487-unit, 1,557-bed student community located near Florida State University. Vice Chairman Ryan Lang and Managing Director Jack Brett from Newmark’s Student Housing group along with Director Ben Harkrider worked in cooperation with Vice Chairman Avery Klann to represent the seller The Collier Companies in this transaction to FPA Multifamily.
Lang commented on the deal saying “The focus on affordability, rent price point differentiation and scale in one of the strongest Power 5 markets makes for an excellent execution by FPA team. Our team was proud to represent TCC in what will be one of the largest single-asset sales by bed count this year”
Seminole Grand is a garden style student housing community situated on 44.71 acres at 1505 W Tharpe Street offering two-, three- and four bedroom floor plans as well as amenities such as resort style pool, fitness center soundproof study rooms and multimedia gaming center .
Newmark’s successful arrangement of Seminole Grand marks another milestone for off campus housing near Florida State University
