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Atlanta & Southeast  + Southeast  + Student Housing  |  October 9, 2019
David Cohen
By: David Cohen

NKF Brokers Sale of 890-Bed Student Housing Portfolio in Raleigh-Durham

NKF arranged the sale of a three-property, 890-bed student housing portfolio in Raleigh-Durham. The sales price was not disclosed. The properties include College Inn, Campus West and University Village at 2505. All three properties are located nearby North Carolina State University.

Ryan Lang, Brandon Buell and Jack Brett of NKF represented the seller, Raleigh-based real estate investment firm The Preiss Co., in the transaction. The portfolio was acquired by Chicago-based Inland, one of the nation’s largest commercial real estate and finance groups.

“This portfolio presented a unique opportunity to acquire pedestrian-friendly assets near a tier-I institution with upside, given the long-term growth fundamentals of Raleigh and the Research Triangle area,” said NKF’s Lang.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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