<body><div><h2>Campus Advantage sold the 1999-completed asset.</h2><figure><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=49lSRG_10IEv29300" alt="https://img.particlenews.com/image.php?url=49lSRG_10IEv29300" width="640" height="480" ><figcaption>Completed in 1999, The Beacon encompasses 15 three-story buildings with two-, three- and four-bedroom floorplans. Image courtesy of Yardi Matrix</figcaption></figure><p>Tailwind Group has acquired The Beacon, a 180-unit, 576-bed student housing community in Auburn, Ala., in a deal arranged by Newmark. </p><p>Campus Advantage, the previous owner, had purchased it for $21.7 million 10 years ago, according to Yardi Matrix information. A $16.3 million Fannie Mae loan originated by Manufacturers and Traders Trust Co. financed that transaction.</p><p>The new owner plans to rebrand the property as The Quarters Auburn and implement a capital improvement plan that includes clubhouse renovations and other amenity upgrades.</p><p>Completed in 1999 at 1255 S. College St., the community is less than 1 mile from Auburn University and 2 miles from downtown Auburn and Jordan-Hare Stadium. Auburn University Regional Airport is within 6 miles northeast.</p><p>The Beacon encompasses 15 three-story residential buildings spread across more than 19 acres. The unit mix consists of two-, three- and four-bedroom floorplans ranging from 1,000 to 1,410 square feet. The fully furnished apartments also feature private balconies or patios.</p><p>Common-area amenities include a fitness center, community room, swimming pool and spa, as well as a business center, sundeck and outdoor grilling station. Additionally, the property has a volleyball court, a computer lab and study room, a coffee bar and about 560 parking spaces.</p><p>Auburn University had 13,044 beds in its inventory as of March, according to a recent Yardi Matrix student housing report. Preleasing at the school reached 82.8 percent, marking an 8.4 percent year-over-year growth. The communities also posted a 10.8 percent rent increase compared to a year ago.</p><h2>Tailwind Group’s recent student portfolio expansion</h2><p>Tailwind Group’s student housing portfolio comprises 39 communities totaling about 18,500 bedrooms. The properties are spread across 16 states and 23 universities.</p><p>The Beacon marked the company’s fourth purchase in 2025. The first involved BLVD Gainesville, a 252-unit, 924-bed student housing community that Tailwind acquired in January and is currently renovating.</p><p>The second 2025 deal closed in February, when Tailwind purchased a 166-unit, 534-bed student property in Columbus, Ohio. That community is also undergoing multiple renovations and will be rebranded.</p><p>And last month, the firm acquired Connection at Huntsville, a student housing community in Huntsville, Texas. Arizona State University System sold the asset serving Sam Houston State University.</p></div></body>

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Campus Advantage sold the 1999-completed asset. Tailwind Group has acquired The Beacon, a 180-unit, 576-bed student housing community in Auburn, Ala., in a deal arranged by Newmark. Campus Advantage, the previous owner, had purchased it for $21.7 million 10 years ago, according to Yardi Matrix information. A $16.3 million Fannie...

Tailwind Buys 576-Bed Alabama Student Asset

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Campus Advantage sold the 1999-completed asset. Tailwind Group has acquired The Beacon, a 180-unit, 576-bed student housing community in Auburn, Ala., in a

Tailwind Buys 576-Bed Alabama Student Asset

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