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While the news that multifamily investor/operator Greystar and an affiliate of Blackstone planned to buy Education Realty Trust and its portfolio of off-campus student housing communities had been rumored for months, the $4.6 billion, all-cash deal announced this week confirms the former niche investment sector has gone mainstream.
One reason the big money is flowing into student housing this year is that investors increasingly see something that…
Article From: "Key Realty Commercial Real Estate News" Read full article