Core Spaces acquires 641-bed student housing community in Clemson, S.C.
Core Spaces has acquired Clemson Lofts, a 233-unit, 641-bed student housing community located in Clemson, S.C., adjacent to Clemson University.
GEM Realty Capital joins Core as the equity partner on the acquisition and financing was provided by accounts managed by KKR.
Located at 111 Cochran Road, Clemson Lofts is conveniently positioned directly north of Tiger Boulevard, which is the main entry way into Clemson University and includes the most popular retail and restaurants. The property is spread across 19 acres and includes 14 separate residential buildings and a clubhouse. The floor plans include one-bedroom through four-bedroom units, each fully furnished with modern furniture and appliances. Features include high-end finishes, spacious living areas and ample storage areas. The community also boasts a variety of amenity offerings, including a resort-style pool and hot tub, fitness center, outdoor yoga space, dog park, communal clubhouse, private study rooms, and m