Harrison Street has recapitalized The Aves at Twelve 100, a student housing community adjacent to the University of Central Florida in Orlando.
The transaction was executed via a new joint venture with The Scion Group, the largest operator of purpose-built off-campus student housing globally, together with an additional institutional investor.
The 1,527-bed student housing community, initially acquired by Harrison Street in 2011, offers class A finishes including high-end amenities, updated kitchens, parking garages, fitness centers, four pools, and more. The property recently completed an extensive renovation of interior units and common spaces, resulting in higher demand and rental rates. The Aves is fully occupied for the current academic year, benefiting from strong demand and limited class A supply for student housing within the region.
“The successful sale of The Aves highlights strong ongoing investor interest in student housing assets near top universi
