Joint Venture Acquires 381-Bed Community Near Louisiana State University
Baton Rouge, La. — A joint venture between affiliates of Monument Square Investment Group and a New York-based single-family office has acquired University Grove, a 381-bed student housing community located 2.7 miles south of the LSU campus in Baton Rouge. Developed in 2024, the property offers 127 cottage-style units in three-bedroom configurations with bed-to-bath parity
Cottage-Style Student Housing Faces Rising Costs, Resident Expectations
“While cottage product is generally slightly further from campus and entertainment areas, the product type offers students the most comparable living quality while also providing larger amenity sets than pedestrian mid- and high-rise communities,” explains Nate Nearhood, Director and Co-Head of Student Housing at Monument Square Investment Group.
Joint Venture Acquires 654-Bed Community Near Michigan State University
East Lansing, Mich. — A joint venture between Monument Square Investment Group and affiliates of Harbor Town Capital has acquired 25 East, a 654-bed student housing community located near the Michigan State University campus in East Lansing. Developed in 1999, the garden-style property offers units in a mix of one-, two- and four-bedroom configurations.
Joint Venture Acquires Cottage Row Stillwater Near Oklahoma State University
A joint venture between Monument Square Investment Group and affiliates of Walton Street Capital has acquired Cottage Row Stillwater, a 792-bed student housing community located near the Oklahoma State University campus in Stillwater. Developed in 2013, the property offers 231 cottage-style units and townhomes in two-, three-, four- and five-bedroom configurations.