<body><div><figure><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=1yuraB_1FIrmoWC00" alt="https://img.particlenews.com/image.php?url=1yuraB_1FIrmoWC00" width="696" height="365" ></figure><p>A joint venture between GMH Communities and Invesco Real Estate has acquired Grant Street Station and South Street Station, two student housing communities totaling 540 beds in West Lafayette, Ind. The two-property portfolio and serves students attending Purdue University.</p><p>The buyers declined to specify a price. When the portfolio traded in 2017, the assets sold for a combined $40.5 million, according to Yardi Matrix data, which listed Muinzer as the owner before GMH and Invesco.</p><p>Grant Street Station is the larger of the two properties, at 136 units and 288 beds, including one-, two-, three- and four-bedroom layouts. The 40-unit, 76-bed South Street Station is the smaller asset. Both are less than a quarter-mile from campus.</p></div></body>

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A joint venture between GMH Communities and Invesco Real Estate has acquired Grant Street Station and South Street Station, two student housing communities totaling 540 beds in West Lafayette, Ind. The two-property portfolio and serves students attending Purdue University. The buyers declined to specify a price. When the portfolio traded...

Developer Joint Venture Acquires Indiana Student Housing Portfolio

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A joint venture between GMH Communities and Invesco Real Estate has acquired Grant Street Station and South Street Station, two student housing communities

Developer Joint Venture Acquires Indiana Student Housing Portfolio

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