Starwood Capital Group, a global private investment firm, and Trinitas Ventures, a fully integrated real estate firm specializing in the investment, development, construction and management of high-quality residential communities, have formed a joint venture to develop purpose-built student housing at three leading universities across the United States. The partnership combines Starwood’s institutional capital and investment expertise with Trinitas’ proven ability to identify, capitalize, develop, construct and manage institutional-quality student housing communities. Together, the firms are well positioned to deliver modern, well-located communities in university markets where student housing supply has not kept pace with enrollment growth.
The partnership has closed on three sites — Atmosphere Pittsburgh, Atmosphere Norman and Atmosphere on Mifflin — representing a combined 2,046 beds serving the University of Pittsburgh, University of Oklahoma and University of Wis