The Accolade is a 226-unit, 597-bed student housing property located at the University of Washington in Seattle, Washington. Union on Broadway is a 357-unit, 582-bed student housing property located at the University of Oregon in Eugene, Oregon. The loan was made to a joint venture between Greystar, the fourth largest owner and operator of student housing properties in the United States, and Tikehau Star Infra, a subsidiary of Tikehau Capital, a global alternative asset manager group.
“Higher education has historically fared well during times of economic uncertainty, and the purpose-built student housing sector continues to demonstrate remarkable resilience in today’s market,” said Affinius Capital Principal Harris Neuberg.
Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories.
With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.