Vesper Holdings and funds managed by affiliates of Fortress Investment Group, as joint venture partners, have acquired The Domain located in Columbia, Mo. Terms of the transaction were not disclosed.
Built in 2013, The Domain is a 654-bed apartment community that caters to University of Missouri students. Located just minutes from campus, The Domain consists of 10 three-story buildings situated on a 22.98-acre site. The property’s unit mix is comprised of one-, two-, and four-bedroom floorplans — all with bed-to-bath parity.
The apartments feature contemporary kitchens with granite countertops and stainless-steel appliances, and washers and dryers. All units come fully furnished. Residents enjoy a full range of amenities, including a fitness center, a study center, a golf simulator, a movie theater, a game room, volleyball court, and the largest resort-style pool in Columbia.
“Our acquisition of The Domain is part of a strategy to purchase best-in-market s
