Muinzer acquires 486 beds near Auburn University

Muinzer announced the acquisition of Evergreen Auburn near Auburn University. The property consists of 486 student housing beds that are 97 percent leased for the August 2023 school year and 88 percent pre-leased for the August 2024 school year.

"We are investing capital into what we believe is a compelling environment to purchase quality student housing assets,” said Marc Muinzer, founder and CEO at Muinzer. “Evergreen Auburn was a logical target for us as we continue the nationwide expansion of our student housing platform. We will continue to scale and heavily concentrate our student housing investments near the largest, fastest-growing four-year universities.”