Muinzer Completes Student Housing Portfolio Recapitalization
- Editor
- Mar 17
- 1 min read
Whats Happening:
Muinzer, a private equity real estate investment fund, has successfully recapitalized its student housing portfolio near the University of Tennessee in Knoxville. The recapitalization involves 1,356 student housing beds across two properties: The Heights of Knoxville and University Park. Muinzer partnered with Kayne Anderson Real Estate for this transaction, which brings Muinzer's total transaction volume to over $500 million in the past 12 months.
Key Moves:
Muinzer recapitalizes 1,356-bed student housing portfolio near University of Tennessee
Partnership formed with Kayne Anderson Real Estate for the transaction
Muinzer's total transaction volume exceeds $500 million in past 12 months
By The Numbers:
1,356 student housing beds recapitalized
100% occupancy rate for the recapitalized portfolio
Kayne Anderson Real Estate manages approximately $17 billion in assets
Key Quotes:
"Our 23-year track record of successfully acquiring and operating student housing assets continues to drive strong interest from investors," said Marc Muinzer, Founder and CEO of Muinzer.
"We have high conviction in the Knoxville market," said Ken Carl, Senior Managing Director and Head of Student and Multifamily Housing at Kayne Anderson Real Estate.
"We have long-term conviction in student housing and are actively deploying capital towards our goal of acquiring an additional $2 billion of student housing communities near high-growth universities," added Michael Snyder, COO of Muinzer.
Bottom Line:
Muinzer's successful recapitalization of its student housing portfolio demonstrates the fund's continued growth and attractiveness to investors in the student housing sector. The partnership with Kayne Anderson Real Estate and the fund's ambitious acquisition goals indicate a strong outlook for student housing investments, particularly near high-growth universities.
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