Publications

Investors - OCTOBER 5, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

EXCLUSIVE — Blue Vista Capital Management forms student housing JV with Korean partners

by Kali Persall

Chicago-based Blue Vista Capital Management has formed a new joint venture partnership with South Korean investment firm Koramco Asset Management and a second South Korean institution to invest in top-tier core student housing assets across the United States.

The partnership has made two initial student housing investments — the acquisition of Villas on Rio, an 856-bed property at the University of Texas at Austin, and recapitalized Theory Syracuse, a 601-bed property at Syracuse University. The properties are well-located, class A student housing properties that represent a combined asset value of $250 million.

“The properties at the University of Texas at Austin and Syracuse University highlight the type of premier student housing investments that this partnership will pursue, as well as our commitment to providing students with highly amenitized living accommodations,” said Jason Schwartz, managing principal of student housing at Blue Vista. “We look forward

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.