Real estate investment platform CrowdStreet announced an offering for an equity investment in a garden-style student housing asset near Texas State University.
Offering sponsor Palladius Capital Management acquired the 816-bed student housing facility that will become The Mirage on May 1. The group intends to implement a comprehensive value-adding renovation to all units as well as community amenities and common areas. This is expected to add significant value to a housing asset in an already underserved market.
Texas State University (TSU) is located in San Marcos, a city halfway between Austin and San Antonio that has seen substantial population growth ...
Full story available on Benzinga.com
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Offering sponsor Palladius Capital Management acquired the 816-bed student housing facility that will become The Mirage on May 1. The group intends to implement a comprehensive value-adding renovation to all units as well as community amenities and common areas. This is expected to add significant value to a housing asset in an already underserved market.
Texas State University (TSU) is located in San Marcos, a city halfway between Austin and San Antonio that has seen substantial population growth ...
Full story available on Benzinga.com
Continue reading...