Core Spaces has acquired The Collective at Columbia, a 318-unit, 972-bed student housing community near the University of Missouri (Mizzou). The seller was Preiss and a real estate fund advised by Crow Holdings Capital.
Located at 3600 Aspen Heights Parkway in Columbia, Mo., The Collective at Columbia offers a mix of two- to four-bedroom floor plans, all in cottage-style layouts. The community features a robust amenity package, including a resort-style pool, clubhouse with a fitness center and a yoga room, a sand volleyball court and a basketball court, dedicated study lounges and a private shuttle providing direct access to campus.
“This acquisition represents our first investment in Columbia, and we’re excited to enter another dynamic, high-performing Power 4 market,” said Ari Richman, managing director of student housing acquisitions at Core Spaces. “Mizzou’s sustained enrollment strength and upward national rankings reflect the univ