Hackberry Lane Expands Student Housing Portfolio with Acquisitions Near University of Florida and University of Alabama
Hackberry Lane has completed multiple acquisitions in Gainesville, Florida, and Tuscaloosa, Alabama, adding approximately 1,650 beds to its portfolio. These transactions increase the firm's total managed capacity to roughly 4,000 beds, strengthening its footprint within core Southeastern Conference (SEC) markets. The company is specifically targeting the 'shadow market' of student housing—comprising townhomes, single-family units, and garden-style apartments located in walkable corridors near major campuses. This strategy differentiates Hackberry from competitors focused on high-rise purpose-built developments by acquiring fragmented assets that have historically lacked institutional management.
Topics: portfolio expansion real estate acquisitions student housing