Marc Lifshin Of Core Spaces Acquires 199-Unit Student Housing Property In Austin For An Undisclosed Amount

The property asset involved in the transaction is a newly built 199-unit, 670-bed student housing property known as Villas on 24th, located at 2313 Rio Grande Street in Austin's West Campus. This Class A asset includes high-end amenities and bed-to-bath parity, making it a suitable choice for student living in the area.

Summary of transaction details:

• Property Type: Student Housing
• Transaction Amount: Not specified
• Units: 199
• Beds: 670
• Address: 2313 Rio Grande Street
• Market: Austin
• Buyer: Marc Lifshin - Core Spaces
• Broker: TSB Capital Advisors

This transaction was facilitated with the assistance of TSB Capital Advisors, who advised on the financing for Core Spaces as they acquired the student housing property developed by Villas Student Housing. Marc Lifshin represented Core Spaces in this deal, highlighting the collaborative effort between the buyer and their broker in securing the asset.