Muinzer and Walton Street Capital Sell Two Student Housing Communities Near Purdue University
Muinzer, in partnership with an affiliate of Walton Street Capital, has completed the sale of two student housing communities—Grant Street Station and South Street Station—with a total of 364 beds located near Purdue University. The transaction was facilitated by TSB Realty's Randall Calvert as exclusive broker. The deal represents the successful execution of a five-year business plan within just two years, highlighting the strength of Muinzer’s vertically integrated operating platform and its partnership with Walton Street Capital. Marc Muinzer emphasized that their approach enhances cost efficiency, performance, and risk-adjusted returns for institutional investors. Michael Snyder added that this success reinforces their disciplined strategy in pursuing acquisitions across key university markets. Muinzer specializes in student housing investments in top U.S. universities through a fully integrated platform covering acquisition to property management. Walton Street Capital is a private real estate investment firm with over $17 billion raised and more than $60 billion of real estate transacted since 1994.
Topics: investment management M&A real estate student housing