Multifamily / Student Housing
IRA’s multifamily and student housing strategy focuses on acquiring multifamily properties predominantly in California, and purpose-built student housing communities in select target markets throughout the US. We have a long track record of delivering strong risk-adjusted returns, comprised of reliable quarterly cash flow and long-term appreciation. We partner with best-in-class management teams in each target market to ensure maximum operating efficiency in our communities.
Featured Transaction
Summit at Coates Run is a Class-A luxury student housing community serving Ohio University and its 21,848 students.
The property features 856 beds in 239 units, and is one of the newest and most desirable student focused assets in the market based on the community amenities offered to its residents.
Through its hold, IRA substantially increased NOI by reducing operating inefficiencies, maximizing rents, and maintaining above-market occupancy levels.