Capstone Development Partners and Boaz Ventures reached financial close for a $60-million, purpose-built student housing community located adjacent to the University of Alabama Huntsville (UAH) campus along Holmes Avenue. To be called Nexus on Holmes, the 249-unit community will be located at 4315 Holmes Ave. NW in Huntsville, next to the UAH Campus Recreation Center.
Jeff Jones, principal of Capstone Development Partners said, “As an Alabama-based national leader in the development and management of university-oriented housing, Capstone is thrilled to commence construction on this purpose-built housing community to help meet the needs of UAH students, staff and others in Huntsville seeking well-located and attainably-priced housing. We look forward to pre-leasing this community in anticipation of its opening in summer 2025.”
A ceremonial groundbreaking ceremony on the project is scheduled for Oct. 10.
The post Financial Close Reached on Huntsville Student Housing Project appeared first on Connect CRE.
Capstone Development Partners and Boaz Ventures reached financial close for a $60-million, purpose-built student housing community located adjacent to the University of Alabama Huntsville (UAH) campus along Holmes Avenue. To be called Nexus on Holmes, the 249-unit community will be located at 4315 Holmes Ave. NW in Huntsville, next to the UAH Campus Recreation Center. Jeff Jones, …
The post Financial Close Reached on Huntsville Student Housing Project appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
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