December 21, 2024 1:20 am
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

EDR REIT pays $91M for student housing project near ASU

EDRBy: Business Real Estate Weekly

EdR in Memphis, Tenn. (NYSE:EDR) paid $91 million (326,165 per unit) to buy The District on Apache, a 279-unit student housing project located southeast of Arizona State University at 977 E. Apache Boulevard in Tempe. The seller in the cash transaction was Tempe Student Housing LLC, a company formed by Residential Housing Development LLC in Houston, Tex. and West Palm Beach, Fla. (Llwyd Ecclestone, Derek Anderson, Nick Anderson, partners). The seven-story project, which opened in 2013 is fully leased for this school year. The 900-bed complex is located on the south side of Apache Boulevard and just east of Rural Road.

Continued:

Share this!

Additional Articles
News Categories

Get Involved

Stay Informed

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

learn more

Recent Articles

Post Calendar

September 2014
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  
Rose-Law-Group-RCF-Logo-FINAL-LG-png.png
Facebook Twitter Youtube Instagram Linkedin
© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.