GMH Communities, a vertically-integrated real estate company, and AEW Capital Management, a global real estate investment firm with over $82 billion in assets under management, announced their joint acquisition of two student housing communities: Dockside at Clemson University in Clemson, S.C., and Flatiron at Louisiana State University (LSU) in Baton Rouge, La. Both properties are located near their respective campuses, offer convenient access, and are outfitted with class A amenities.
With the addition of the Clemson and LSU communities, the AEW-GMH partnership will now own and operate more than 2,000 beds across four universities in Power 4 markets.
"For 40-plus years, GMH has been a leader and innovator in the student housing industry," said Gary Holloway, Jr., CEO and president at GMH Communities. "We stay ahead of trends in the industry and understand what students seek in a community. The acquisition of Dockside and Flatiron underscores GMH's commitment to inves