Updated Sep 1, 2026
SOLDStudent Housing
CrestMarc Acquires The Forum At Sam Houston Student Housing From Preiss In Huntsville, TX
3019 South Sam Houston Avenue
Building Size
—
Asset Type
Student Housing
Closing
Jul 27, 2026
About this deal
AI
The Forum at Sam Houston is a 450-bed student housing property located at 3019 South Sam Houston Avenue in Huntsville, Texas. The transaction involved the sale of this asset from Preiss to CrestMarc.
Summary of transaction details:
- Property Type: Student Housing
- Transaction Amount: Not specified
- Buyer: CrestMarc
- Seller: Preiss
- Market: Huntsville, TX
- Brokers: Travis Prince, Kevin Larimer, Shawn Lubic & Victoria Marks - Berkadia
- Mortgage Brokers: John Koeijmans & Austin Blankenship - Berkadia
- Berkadia's Year-to-Date Closed and Financed Transactions: 24
- Total Beds Covered: 7,828
Berkadia facilitated the sale and also secured financing for the transaction. The involvement of multiple brokers from Berkadia indicates a coordinated effort in managing the complexities of this student housing deal.
Players
Huntsville Student Housing Market Snapshot
Boundary boundary · Student Housing · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93