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Princeton Management acquires student housing portfolio near Western Michigan University

Kalamazoo, Michigan, two-property deal closes for $26.5 million in value-add investment
The Arboretum Apartments student housing complex sits roughly one mile from Western Michigan University's campus in Kalamazoo, Michigan. (CoStar)
The Arboretum Apartments student housing complex sits roughly one mile from Western Michigan University's campus in Kalamazoo, Michigan. (CoStar)
By Alex Collie with
CoStar Research
March 30, 2026 | 5:58 P.M.

Princeton Management acquired a two-property, 351-unit, 1,044-student housing portfolio in Kalamazoo, Michigan, from Chicago-based Zaragon Holdings for $26.5 million, or $75,499 per unit.

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