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632-Bed Nebraska Student Housing Community Sold

GMH Capital Partners, L.P. and AGC Equity Partners acquired Aspen Lincoln, a 632-bed student housing community located in Lincoln, NE for an undisclosed amount. The seller was Aspen Heights Partners and Virtus Real Estate Capital.

The 203,552-square-foot off-campus student housing community consists of five floors and 182 units, located two blocks from the University of Nebraska-Lincoln and near O Street’s bars and restaurants. GMH plans to rename the community Academy Lincoln.

The fully-furnished apartments come with private bathrooms, large kitchens, and new appliances, as well as such amenities as a 24-hour fitness center; California-style pool and hot tub; tanning areas; study lounges and computer labs; in-unit washers and dryers; courtyards with grilling and fire pits; and utility allowance.

GMH Capital Partners’ Gary M. Holloway Jr. says, “Aspen Lincoln marks yet another upscale addition to our existing ultra-core student housing portfolio.”

It is the partnership’s fourth student housing asset acquired and/or developed by its joint investment fund.

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Connect With GMH Capital Partners’ Holloway Jr.

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition
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