<body><div><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=4T8O4S_0t0sxDpn00" alt="https://img.particlenews.com/image.php?url=4T8O4S_0t0sxDpn00" width="820" height="510" >Greystar Real Estate Partners has secured $183 million in tax-exempt bond financing and completed the acquisitions of Nordheim Court and Radford Court, two on-campus communities at the University of Washington.The communities are now owned by Provident Resources Group Inc., a nonprofit organization, under a ground lease agreement with UW. Greystar’s Student Living team manages and operates them.Greystar’s Pacific Northwest Construction team will enhance both residential units and common areas over a three-year period. Greystar oversees more than 30,000 residential units in the Seattle area, which also includes two additional off-campus communities catering to UW students.The acquisitions are Phase I of UW’s multiphase plan known as “UH4” to increase housing options and improve housing quality for UW students. UH4 Phase II involves the redevelopment of two additional communities, Blakeley Village and Laurel Village.ConnectInside The StoryJasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.</div></body>

Mountain View, CA

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Greystar, Provident Acquire Two UW Student Housing Properties

Greystar Real Estate Partners has secured $183 million in tax-exempt bond financing and completed the acquisitions of Nordheim Court and Radford Court, two on-campus communities at the University of Washington. The communities are now owned by Provident Resources Group Inc., a nonprofit organization, under a ground lease agreement with UW....