Prime Property Investors, Ltd has listed for sale a portion of its student housing assets. The firm has engaged Holliday, Fenoglio Fowler (HFF) to market a 1,000 bed Multi-Campus student housing portfolio of properties. The entire portfolio is 100 % occupied with A+ locations within easy walking distance the center of campus at four highly regarded public Universities.
The properties serve Purdue University, Indiana University, University of Nebraska, and Florida State University. All four schools have experienced increases in enrollment.
The portfolio is being offered with attractive long term assumable financing and may be purchased in its entirety, in geographic pools or individually. Brian J. Kelly, HFF Director-Student Housing at the Indianapolis office and Matthew D. Lawton, HFF Executive Managing Director at the Chicago office are representing ownership in the marketing of the portfolio.
Prime Property Investors, Ltd., based in Northbrook, Illinois, is a leading multi-family property investment firm with a specialized niche in Garden Style Conventional Suburban Apartment Complexes and Student Housing properties. The nationwide Student Housing portfolio properties are branded as Prime Campus Housing and the Garden Style Conventional Apartment Complexes are branded as Prime Residential Communities.
Due to Prime's tremendous growth, the company was recognized by Inc. Magazine for placement on the Inc. 500 list of the fastest growing private companies in America. Additionally, Prime was ranked one of the 50 best companies in the nation to work for in the residential property industry in an independent survey by Professional Builder Magazine.