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“At a time when the possibilities of university real estate continue to grow, a pair of student housing properties near East Carolina University became the target of a larger acquisition.¬†University Manor and Pirates Place were acquired by Austin, Texas-based Campus Advantage in partnership with Los Angeles-based Saban Real Estate from American Campus Communities back in November as part of a 19-property, $508 million deal. Campus Advantage will take over management of the ECU properties.”

Read the full article at BizJournals.com.