March 30, 2020
NKF’s Student Housing group, led by Ryan Lang, leads the country when it comes to student investment sales, offering clients unparalleled access to global capital through overseas partners, and a fully integrated debt and equity platform. The group’s 1.3 billion in transactions totaled 12,800 beds in 2019.
The sales of Skyloft at the University of Texas-Austin broke records for the highest price per unit in the history of Austin. Skyloft, in fact, was the largest, single-asset, student-housing transaction for 2019. The group also facilitated the sale of SOVA, adjacent to Kennesaw State University, bringing in another huge price, and representing another large single-asset student-housing sale for the year. These sales, and others, broke per-unit and per-bed pricing records, while also setting cap rate records throughout college submarkets.
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Tags: 2020 Top Brokers Awards