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Mapletree Investments Acquires of 3,751-Unit Housing Portfolio for $1.6 Billion

The portfolio includes eight assets in Colorado, Florida, Minnesota and Missouri.

Singapore-based Mapletree Investments Pte Ltd. acquired a portfolio of student housing assets from Kayne Anderson Real Estate Advisors. The acquisition comprises eight purpose-built student housing assets with 3,611 beds in the U.S., including properties in Fort Collins, CO, near Colorado State University; in Miami near Florida International University; in Minneapolis near the University of Minnesota; in Columbia, MO, near the University of Missouri.

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