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GMH Communities Acquires Student Housing Property Near Georgia Southern University.

Publication: PR Newswire
Publication Date: 20-NOV-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEWTOWN SQUARE, Pa., Nov. 20 /PRNewswire-FirstCall/ -- GMH Communities Trust , today announced that its student housing division, College Park Communities, has acquired Cambridge at Southern, a 228 unit/564 bed student housing property serving Georgia Southern University in Statesboro, GA, for a purchase price of approximately $24.2 million. The property, is in walking distance of the GSU campus and is currently 99.6% leased for the 2006-2007 academic year. In addition, the property offers a...

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