Canyon Partners, The Martin Group, Valiance Capital form JV for development of class A student housing in Berkeley, Calif.

Canyon Partners Real Estate, The Martin Group and Valiance Capital announced the formation of a joint venture to develop a new class A student housing community (The Valiant) near the University of California at Berkeley campus, with construction scheduled to begin immediately and completion anticipated before the start of the 2026–27 academic year. The joint venture simultaneously closed on a senior construction loan from Kennedy Wilson.

The Valiant will be an eight-story, purpose-built student housing community with 83 apartment units, 262 beds and 1,461 square feet of retail space, designed to be among the best in its class within the Berkeley market. The project is optimally located on Durant Avenue between Telegraph Avenue and Bowditch Street, one block from the main entrance to UC Berkeley's campus. It will feature numerous curated amenities including a spacious common-area study lobby, a fitness center, a rooftop deck lounge with panoramic views, various gathering sp