Student housing near University of Maryland breaks record for largest sale ever

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Rockpoint Group and Greystar sold University View, a 1,573-bed student housing high-rise near the University of Maryland in College Park, Maryland for $235 million to an undisclosed buyer, according to CBRE National Student Housing and CBRE Washington D.C. Multifamily, which represented the sellers in the transaction. According to CBRE, the sale is the highest dollar transaction for a single student housing asset in history.