Announced
Completed
Financials
Sources
Tags
Completed
Friendly
United States
student housing
Real Estate Holding and Development
Acquisition
Domestic
Majority
Private
Single Bidder
Private Equity
Synopsis
T2 Capital-backed Muinzer, a real estate investment firm, completed the acquisition of Station 21, a student housing community. Financial terms were not disclosed. "Our transaction with T2 unlocks the value that we have created to date and allows our original institutional equity partner to successfully exit. Muinzer is excited to increase our ownership stake in Station 21 while continuing our onsite property management role. Even in an uncertain macroeconomic environment, we have successfully completed over $300m of student housing acquisitions and dispositions thus far in 2023," Marc Muinzer, Muinzer Founder and CEO.
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