New Pittsburgh Student Housing Project to Welcome First Residents in Fall 2019

PITTSBURGH, PA (March 11, 2019) — Campus Advantage®, an industry leader in student housing property management, consulting, and investment management, in partnership with Pinecrest a Chicago-based student housing owner-operator, today announced that The Bridge on Forbes has reached 99% pre-lease for Fall 2019.

Currently under development, The Bridge on Forbes is a ten-story student housing community on Forbes Avenue that will offer residents a walkable location to the University of Pittsburgh,  Carnegie Mellon University and Carlow University campuses. When completed, the community will have 197 fully furnished apartments with 473 beds available in studio, 1-bedroom, 2-bedroom, and 3-bedroom layouts.

Each residence will feature a living room TV, dishwasher, microwave, high-quality range, quartz countertops, refrigerator, in-unit washer and dryer, cable, and high-speed internet, all of which will be included in monthly rental rates. Each individually leased bedroom will include a bed, dresser, desk, chair and spacious closets.

The Bridge on Forbes will offer state-of-the-art community amenities including a clubhouse on the third floor featuring multiple study rooms and collaborative workspaces, a computer lab, flat screen TVs, as well as a 24-hour indoor fitness center and secured indoor garage parking. Residents will also enjoy 7,000 square feet of outdoor space including two courtyards with seating, fire pits and multiple grilling stations. The ground level will include a resident lobby with on-site leasing and management offices as well as an Arby’s restaurant.

“We are very excited to see such strong traction being made on this project’s lease-up as well as such strong interest in the property by the community,” said Michael Orsak, Senior Vice President of Investments at Campus Advantage. “There is clearly a demand in this marketplace for student housing and, through our collaboration with Pinecrest, we are ecstatic to know that our development has been a smashing success.”

The Bridge on Forbes is being co-developed by Campus Advantage and Pinecrest and will welcome its first residents in the Fall of 2019.

 

About Campus Advantage
Campus Advantage® is a real estate investment management firm fostering financially prosperous higher education student housing communities through its management, development, acquisition, and consulting services. Since its founding in 2003, Campus Advantage has been creating successful communities that provide rewarding living, learning, and career experiences, and as a result has become one of the fastest growing private student housing companies in the nation. The company’s asset acquisition and management strategies combined with its dedication to residence life and student development has made Campus Advantage one of the largest student housing and property management companies in the United States. Learn more at www.campusadv.com.