Deal Snapshot
VESPER EXPANDS FLORIDA STUDENT HOUSING PORTFOLIO WITH USD 26M ACQUISITION
Wednesday 06 December 2017

US-based real estate investment firm Vesper Holdings has acquired Florida, US-based student housing property The Social at South Florida, the company said. With this latest transaction, Vesper's student housing portfolio now totals nearly 17,000 beds. Inclusive of this acquisition, Vesper has purchased 11 properties totaling over USD 370m over the last 14 months.
The Social at South Florida is a 560-bed apartment community that caters to students enrolled at the University of South Florida. Completed in 2000, The Social is located less than a mile from campus. The property consists of two- and four-bedroom floor plans all with bed-to-bath parity.


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Details
Date Published: 06/12/2017
Target: The Social at,  South Florida
Country: USA
Deal Size: 26m (USD)
Sector: Construction/Real Estate
Type: LBO
Financing: Cash
Status: Closed
Vendor:
Buyer: Vesper Holdings
Comment:


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