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Blue Vista Acquires Apartments Near Purdue University Campus
Blue Vista Capital Management has acquired Wabash Landing Apartments, a 206-unit residential property located near Purdue University in West Lafayette, IN. The property serves a diverse population of students and faculty at Purdue University, as well as local professionals.
The transaction is part of Blue Vista’s ongoing strategy of providing institutional investors with access to differentiated core-plus residential real estate opportunities with long-term hold strategies. Blue Vista’s affiliate student housing management company PeakMade Real Estate is managing the property.
“Wabash Landing is an example of Blue Vista’s strategic approach to executing a core-plus strategy across alternative residential property types, and commitment to delivering an exceptional rental experience,” said David Katz, fund manager for Blue Vista’s middle market equity real estate funds.
Wabash Landing Apartments is strategically located along the Wabash River near the Purdue campus, within walking distance to restaurants, retail businesses, services and local transportation.
- ◦Sale/Acquisition
