The BDC Group Acquires Student Housing From OC Ventures For $89.8 Million In Amherst, Rochester

The asset involved in this transaction is a student housing property located at 100 Herron Drive & 20 Fairwood Drive in Amherst, Rochester. The sale price for the property was $89,800,000, encompassing a total square footage of 241,739 and a price per square foot of $371.

Summary of transation details:

• Property Type: Student Housing
• Transaction Amount: $89,800,000
• Address: 100 Herron Drive & 20 Fairwood Drive
• Market: Amherst, Rochester
• Square Footage: 241,739
• Price Per Square Foot: $371
• Buyer: The BDC Group
• Seller: OC Ventures
• Broker: Corey Lonberger, Kenneth Wellar & Steffan Ramos - Global Real Estate Advisors

Corey Lonberger, Kenneth Wellar, and Steffan Ramos represented the transaction on behalf of the Global Real Estate Advisors, facilitating the sale between The BDC Group as the buyer and OC Ventures as the seller.