Leavitt Digital is excited to add Triad Real Estate Partners’ newest listing to Leavitt Digital’s Free Commercial Listing Platform. Triad Real Estate Partners recently listed a 42 property Student Housing Portfolio with assets at Northern Illinois University, Western Illinois University, and Southern Illinois University. The 98.76% occupied Star Properties Portfolio contains 980 Units, and has the upside of rent increases.
Sean Lyons of Triad Real Estate Partners spoke with Leavitt Digital in detail about this offering; both Triad Real Estate Partners and the portfolio owner feel this offering should be listed as “Priced to Market”. This portfolio offering is a very unique opportunity and Triad is already seeing serious demand from student housing investors all over the country. Both Triad Real Estate Partners and the portfolio owner are confident the market will dictate the price on this portfolio and it will ultimately fetch a sales price as much as $85 Million.
This portfolio is Student Housing and the location is in the Secondary Markets; both of which have seen a growing surge of investment dollars. Even with the growing levels of interest and capital flowing into Student Housing and Secondary Markets investors are still able to find above average returns within this product type and these markets when compared to Institutional Office, Industrial, Retail, and Apartments in the Primary Markets.
“Leavitt Digital is excited Triad Real Estate Partners sees the value in adding its Institutional Student Housing portfolio to Leavitt Digital’s Free Commercial Listing Platform. Without an official price tag (estimated $85+ Million) on this portfolio it is the highest priced offering listed on Leavitt Digital to date. We are reaching milestones every day, just recently Leavitt Digital surpassed $1 Billion in listings on its Free Commercial Real Estate Listing Platform. Triad Real Estate Partners listing this portfolio on Leavitt Digital further validates Leavitt Digital’s becoming a commodity in the commercial real estate market,” said Brendan Hotchkiss, CEO of Leavitt Digital.
For more information on Sean Lyons and Triad Real Estate Partners please visit Triad Real Estate Partners’ website.