Case Study
Vie Towers
A Safanad affiliated fund provided LP equity to a joint venture for the acquisition and renovation of a 910-bed high-rise student housing property located in Hyattsville, MD
Details
Location: 6515 Belcrest Road, Hyattsville, MD 20782
Status: Operating
Closing Date: Q4 2017
Project Info
- The property was built in 2006 on a lot size of 1.4 acres in the Washington D.C. metropolitan area, approximately 1.6 miles from University of Maryland and 5.3 miles from Howard University.
- Key amenities include club room, lounge space, fitness area, and computer lounge. The rooftop also has a pool and sundeck with unobstructed skyline views.
