Halstatt Real Estate Partners, a real estate private equity firm, today announced The Exchange at Baton Rouge (“The Exchange”) is fully leased. The Exchange, a student housing complex located at Louisiana State University (LSU), features 299 units with 898 bedrooms as well as luxury amenities including a gym, study room, and three resort-style pools.
“We are excited to join the LSU community and are off to a great start with a successful influx of students for Fall 2021. It is a true sign of the growing demand for well amenitized affordable purpose-built student housing communities,” said Peggy Lamb, principal, Halstatt Real Estate Partners. “We believe that the demand for student housing will continue to flourish and are actively looking for opportunities with qualified partners to invest with and create premier student housing projects at universities in high growth markets.”
Located just a mile and a half off campus, The Exchange has a 1:1 ratio of bathrooms to bedrooms, and market-leading amenities with three resort-style pools, a fitness center, and study rooms. It is conveniently located off of Burbank Drive and is surrounded by numerous dining and retail establishments. Halstatt Real Estate Partners partnered with Landmark Properties, one of the premier developers, owners, and operators of student housing in the country, to acquire the property.
Halstatt Real Estate Partners identifies value-add and opportunistic real estate projects throughout Florida and other parts of the Southeast and Texas. The company partners with qualified sponsors to develop and implement a strategic business and capital improvement plan to maximize demand-driven development opportunities.
About Halstatt Real Estate Partners
Halstatt Real Estate Partners (“HREP”), a women-owned real estate private equity firm, has participated in the acquisition and development of over $1 billion in Southeast-based real estate assets since 2011. Founded by the Sproul family, based in Naples, Florida, and a proud part of the Barron Gift Collier legacy in Southwest Florida, HREP invests in middle-market, value-add, and opportunistic commercial and residential real estate projects. HREP works with best-in-class local and regional operating partners to maximize the value of its real estate investments. HREP invests alongside a cross-section of institutional limited partners from fund to fund including charitable foundations and endowments, domestic and international family offices, and corporate pension funds with a history of continuity. www.halstatt.com