
Champion Real Estate Makes First Student Housing Deal in NY State
Champion Real Estate Company recently acquired Campus Hill Apartments, a 267-unit, 715-bed student housing community with a central leasing office located at 1201 Harrison St. in Syracuse, NY, for $65 million. The property, which will be rebranded as Victory at Syracuse, is the company’s first student housing acquisition in New York State.
Victory House Syracuse, LLC, a subsidiary of Champion, will begin immediately on renovations to the 51-building portfolio. A short walk from Syracuse University, Victory at Syracuse will feature new paint, vinyl plank flooring, cabinetry, quartz countertops, stainless steel appliances and modern fixtures. It will be leased by the bedroom, and all bedrooms will be fully furnished including televisions and Sonos soundbars.
“Occupancy at housing communities that support premier educational institutions like Syracuse University has never been greater as students want the full campus experience,” said Champion EVP.
Rittenhouse Realty’s Ken Wellar and Douglas Sitt represented Champion and seller.
- ◦Sale/Acquisition