Larry Jacobson Of Jacobson Equities Acquires 260-Bed Student Housing Near Texas A&M University

The property involved in this transaction is a 260-bed, 163-unit student housing complex located at 405 Cross Street in College Station. Built in 2005 and 2009, the asset is situated near Texas A&M University and features strong fundamentals along with value-add potential through operational improvements and targeted upgrades.

Summary of transaction details:

• Property Type: Student Housing
• Transaction Amount: Not specified
• Units: 163
• Beds: 260
• Address: 405 Cross Street
• Market: College Station
• Buyer: Larry Jacobson
• Company: Jacobson Equities

Larry Jacobson, representing Jacobson Equities, acquired the property as part of a national multifamily expansion strategy aimed at enhancing the portfolio through strategic upgrades and operational efficiencies.