Mesa West Capital recently announced that it has provided a $133.9-million, short-term, first mortgage loan to developer LV Collective (“LV”) to refinance a student housing complex near the University of Georgia, according to a news release. Rambler Athens, a 750-bed residence hall adjacent to the campus, was completed in August 2024.
Many Southern California college and university campuses are living amidst surging housing costs, driving the need to house more of their populations on campus. Especially for community colleges, the need to support millions of unhoused and housing insecure students has become a prominent issue that lawmakers and institutions alike are trying to solve.
With the most technically advanced Gen Z (born between 1997 and 2012) at the helm, residence hall design trends for 2025 look to focus on flexible spaces, health and wellness, sustainability, community, and digital technology.
Oregon Institute of Technology in Klamath Falls, Ore., recently announced the construction of a new, $35-million mass timber residence hall, according to college news. The facility will stand four stories, have room for 517 students, and cover 86,710 square feet to address the college’s need for more on-campus housing.