In a state where the majority of student housing sales occur in Ann Arbor or Lansing, a property catering to Eastern Michigan University in Ypsilanti, Michigan, just changed hands in a $17.6 million deal.
Princeton Management acquires student housing near Eastern Michigan University
183-unit Peninsular Place purchased from Blackstone-owned American Campus Communities
By Alex Collie with
March 26, 2026 | 4:48 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Peninsular Place
1000 Huron River Dr, Ypsilanti, MI
- Companies
- Princeton Management
Real Estate
- American Campus Communities, Inc.
Real Estate
- Contacts
- Shawn Lubic
Berkadia
- Kevin Dillon
Senior Managing Director, Berkadia Real Estate Advisors
- Victoria Marks
Director, Berkadia Commercial Mortgage LLC
- Travis Prince
Senior Managing Director, Berkadia Real Estate Advisors
- Kevin Larimer
Managing Director, Student Housing, Berkadia Real Estate Advisors