**GMH Communities and AEW Capital Management Acquire Student Housing Near Clemson and LSU**
GMH Communities, in partnership with AEW Capital Management, has acquired two student housing properties located near major universities: Dockside at Clemson University in Clemson, South Carolina, and Flatiron at Louisiana State University in Baton Rouge, Louisiana. Financial terms of the transactions were not disclosed.
These acquisitions expand the AEW-GMH student housing portfolio to more than 2,000 beds across four universities within Power 4 conference markets.
“For over 40 years, GMH has been a leader and innovator in the student housing industry,” said Gary Holloway, Jr., CEO and President of GMH Communities. “The acquisition of Dockside and Flatiron underscores GMH’s commitment to investing in high-quality, well-located assets within fundamentally strong markets.”
Dockside at Clemson, a 633-bed community, will be rebranded as The Cove at Clemson. The property features a scenic lakefront setting with direct access to Lake Hartwell. Meanwhile, the 293-bed Flatiron in Baton Rouge is noted for being one of the few pedestrian-oriented housing options in its market, offering students convenient access to campus.
The acquisition and financing were arranged by a JLL student housing team led by Senior Director Mike Brady, Managing Director Jake Wisness, and Associates Bill Maloney and Jake Davidson. Teddy Leatherman of JLL represented the buyer in acquiring the properties from Fountain Residential.
This acquisition reflects GMH and AEW’s continued strategic investment in premier student housing assets with proximity to high-demand university markets.
