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Transactions - AUGUST 13, 2020

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1,087-bed student housing community sells, largest sale since 2016

by Released

XFD Real Estate Partners, a student housing real estate investment and property management firm, has acquired Cottage Row, the largest off-campus student housing community in Statesboro. This acquisition is the largest student housing sale in the market to date.

The 1,087-bed community is located 1.5 miles from Georgia Southern University at 17358 GA-67 S. Cottage Row led the local student housing market in pre-lease velocity for both the academic years of 2019–20 and 2020–21. The spacious community offers students luxurious amenities, including a state-of-the-art 24-hour fitness center, two resort-style swimming pools, two volleyball courts, a movie theater, a private shuttle to campus, study lounge and more.

“The story of the Statesboro market reinforces our belief in the resilience of the student housing sector. Five years ago, Statesboro was considered one of the most overdeveloped markets in the country with declining rates and occupancy while enrollment rem

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