ARA Newmark Closes $500M in Student Housing Sales in Seven States
ARA, A Newmark Company, completed more than $500 million in student housing investment sales since February. The transactions totaled more than 2,240 units and 5,034 beds serving major universities in seven different states.
The eight properties include:
– The Ridge at Gainesville, FL, $55.05 million sale to Atlanta-based Campus First (Univ. of Florida) – The Blake, Savannah, GA, sold by CampusWorks (Savannah College for Art and Design) – Station Nine, Durham, NC, sold by LaSalle Investment Management to Principal Real Estate (Duke Univ.) – Parkhaus, Lincoln, NE, sold by Colmena Group and Tetrad Property Group (Univ. of Nebraska) – Links at Lincoln, NE sold by Lindsey Management Company (Univ. of Nebraska) – Stadium View Minneapolis, MN sold by Blue Vista Capital Management to University Partners (Univ. of Minnesota) – Aspyre at Assembly Station, Columbia, SC, Tri Castle Columbia LLC sold to SmartStop Asset Management (Univ. of South Carolina) – Crowne at Campus Pointe, Knoxville, TN (pictured), sold by Crowne Partners to Coastal Ridge (Univ. of Tennessee)
ARA Newmark’s Austin-based Ryan Lang, Brandon Buell and Trent Houchin represented the sellers in the transactions.
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.
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