October 22, 2025 9:00 AM
Newmark reports a continued rotation toward core student housing in the U.S. southern region, with more than $715 million in transactions across Arkansas, Florida, Louisiana, South Carolina and Texas in a five-week window. The activity, represented by Newmark on behalf of multiple sellers, underscores a market preference for newly delivered, purpose-built assets near flagship universities.
U.S. student housing trades for properties built in 2020 or later total approximately $3.2 billion year-to-date – roughly 65% of the $4.95 billion in overall student housing transactions[1]. Building on this trend, nearly 30% of all U.S. student housing trades since 2020 have occurred in the five states highlighted by Newmark’s recent activity[2], signaling the South as a particularly active and competitive investment region.
Newmark Multifamily Capital Markets Executive Vice Chairman and Head of Student Housing Ryan Lang, Managing Director Jack Brett and Director Ben Harkrider, in cooperation with Vice Chairman Tim McKay and locally licensed professionals, represented the sellers in the series of transactions.
The representative transactions include:
- The Marshall in Fayetteville, Arkansas, serving the University of Arkansas, traded from Aptitude Development to RREEF America L.L.C.. Constructed in 2021, the property comprises 226 units and 646 beds.
- The Villas on 24th in Austin, Texas, serving the University of Texas at Austin, sold by Villas Student Housing to an undisclosed buyer. Delivered in 2025, the property features 199 units and 670 beds.
- Multiple assets from the Park 7 Portfolio, serving universities in South Carolina, Louisiana, Florida and Texas, traded from Park7 Group to an undisclosed buyer. The properties include approximately 6,100 beds.
“The recent tranche of closings highlights a continued flight to quality, particularly in the South, where major universities with strong enrolment growth are fueling attractive investment opportunities,” said Lang. “Institutional buyers are concentrating on newer, stabilized assets with walkable access to campuses and durable demand drivers. Core student housing remains a favored defensive allocation for investors seeking income durability and long-term growth potential.”
Across the closed assets, communities feature in-demand study, fitness and security amenities, aligning with tenant preferences for professionally managed, walkable housing near academic facilities.
[1]
According to MSCI, Inc. Real Capital Analytics first half 2025 data and preliminary 3Q 2025 data as of October 2025
[2]
According to MSCI, Inc. Real Capital Analytics data and preliminary 3Q 2025 data as of October 2025
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended June 30, 2025, Newmark generated revenues of over $2.9 billion. As of June 30, 2025, Newmark and its business partners together operated from 165 offices with over 8,400 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.
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