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Waypoint Residential Buys $102 Million Portfolio for New Student Housing Unit

Waypoint Residential, a real estate investment manager that partners with private investors to acquire apartment properties, has established a separate affiliate to expand its student housing business after entering the sector last year.

The affiliate, Waypoint Campus Housing LLC, got off to a good start, buying four properties of a five-property student housing portfolio comprising 2,638 beds from Blue Vista Capital Management for $102 million…

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