The name Rittenhouse carries a reputation of quality and elegance. Thats one reason Doug Rodio and Erin Miller from JLLs Mid-Atlantic multifamily group are excited to be working for a local developer on the sale of this 470-bed luxury student housing community adjacent to the University of Delaware. Phase 1 of Rittenhouse Station was completed in 2011/2012 and Phase 2 is under construction, with delivery expected this summer. Doug tells us this best-in-class property combines living, shopping, dining, and playing, all in one incredible community (were especially impressed by the beach volleyball court). Every unit has gorgeous hardwood floors, a large flat-screen TV, and an Apple TV console (iPad included). The 22,000 students enrolled at the university are the only folks more excited about this project than Erin and Doug. For more info on our sponsor and this acquisition opportunity, click here (or email Doug or Erin). You better move quickly because initial bids are due May 15.