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Atlanta & Southeast  + Southeast  + Student Housing  |  January 25, 2021
David Cohen
By: David Cohen

University Partners Acquires 494-Bed Student Housing Property Near Clemson

University Partners has acquired Grandmarc, a 494-unit student housing property in South Carolina. The community is nearby Clemson University and was built in 2017. Ryan Lang, Jack Brett and Ben Harkrider of Newmark brokered the transaction on behalf of the undisclosed seller.

The unit mix at the property includes two- and four-bedroom units. Amenities include a resort-style pool and hot tub, a 24-hour fitness center, clubhouse and a sand volleyball court. Additionally, the project includes 9,000 square feet of retail space.

“Grandmarc is an excellent addition to our growing portfolio and fits well within our strategy of acquiring well-located, high-quality assets in strong markets,” said Troy Manson, principal at University Partners.

The sales price was not disclosed.

For comments, questions or concerns, please contact David Cohen

Read More News Stories About: Newmark
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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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