Hawkins Way expands student housing bet with UWS buy
A West Coast real estate investor is increasingly paving the way for student housing deals on the other side of the country. Hawkins Way Capital acquired the student housing property at 117 West 70th Street on the Upper West Side of Manhattan for $80 million, the Commercial Observer reported. The seller of the Stratford Residence Hall was the AMDA College of the Performing Arts. Public databases put the property’s unit count at 382. That would mean a breakdown price of more than $209,000 per unit. AMDA acquired the 10-story property in 1996 for an undisclosed price. The main campus for […]
This article originally appeared on The Real Deal. Click here to read the full story.
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