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New student digs 99 percent leased in AustinNew student digs 99 percent leased in Austinhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=67472013-08-28T07:54:00Z2013-07-28T00:00:00Z

AUSTIN - A new 304-unit community, called 2400 Nueces, is already 99 percent leased. Located near the University of Texas at Austin, the development opened last week and will welcome residents on Aug. 1.

Spread over 365,000 sf, the student housing structure includes 304 studio and one-, two-, three- and four-bedroom units for 622 students

The development cost $63.9 million and was financed through On-Campus Equity Plan.

Student housing ownership and management firm Education Realty Trust Inc. will both own and manage 2400 Nueces.

Austin Business Journal
Austin-Round Rock
Multifamily
http://www.bizjournals.com/austin/news/2013/07/25/austin-student-housing-project-2400.htmlRead more at {Source}

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