LivCor Sells Olde Towne University Square Student Housing In Toledo For $19 Million

The asset involved is a student housing community named Olde Towne University Square, located at 1744 North Westwood Avenue in Toledo, Ohio. The transaction was completed at a sale price of $19,000,000, involving 291 units on a 9-acre site. The price per unit was approximately $65,292.

Summary of transaction details:

• Property Type: Student Housing
• Transaction Amount: $19,000,000
• Seller: LivCor
• Units: 291
• Price per Unit: $65,292
• Loan Amount: $16.3 million
• Financing Source: Freddie Mac loan
• Broker: Berkadia Commercial Mortgage
• Market: Toledo, OH
• Sale Date: 10/13/2026

Blackstone’s LivCor sold the property to a private individual, marking it as the Toledo market’s first dedicated student housing sale since 2018. The buyer secured financing to facilitate the purchase, indicating significant investment interest in the student housing sector.