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Denver Senior Housing

JV Bags Student Housing Near DU

February 26, 2015 | 7:00 am ET Dees Stribling, Bisnow National

A JV of out-of-state buyers has snapped up The Vista, a 286-unit student housing property near the University of Denver, for $25M, the Denver Business Journal reports. The JV was formed by the Preiss Co of North Carolina, which manages student housing, and the private investor Criterion Holdings of Maryland. Preiss will oversee the property going forward, and undertake a $500k upgrade of the facility.

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Related Topics: Criterion Holdings, The Preiss Co, The Vista, University of Denver

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