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Vesper Holdings expands student housing portfolio with $38 million purchase near Michigan State

New York investment firm buys Gateway Lofts Lansing for $209,945 per unit
The Gateway Lofts Lansing student housing property is located at 3140 E Michigan Ave. in Lansing, Michigan, less than a half-mile from Michigan State University. (CoStar)
The Gateway Lofts Lansing student housing property is located at 3140 E Michigan Ave. in Lansing, Michigan, less than a half-mile from Michigan State University. (CoStar)
By Alex Collie with
CoStar Research
September 9, 2025 | 6:49 P.M.

Vesper Holdings, a privately held real estate investment firm based in New York City, expanded its portfolio of student housing properties with the $38 million purchase of Gateway Lofts Lansing, an 181-unit/236-bed student housing community near Michigan State University.

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