Student Housing V Michigan

Berkadia closes $19 million student-housing sale at Western Michigan University

Berkadia closes $19 million student-housing sale near Western Michigan,ph01

Berkadia closed the $19 million sale of 700 SoHo, a student housing community in Kalamazoo, Michigan, near Western Michigan University.

Senior managing director Kevin Larimer and director Greg Gonzalez of Berkadia’s student housing group completed the sale. The buyer was a Pittsburgh-based real estate company.

The deal closed on Aug. 31.

700 SoHo is located at 700 S. Howard St., directly across from the Western Michigan University campus. The 488-bed complex features four-bedroom, open-concept apartments that include a washer/dryer, microwave, dishwasher and flat-screen TVs. Amenities include a resort-style pool and a renovated clubhouse.