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Campus Realty Advisors has sold The Edge, an 84-unit, 344-bed student housing community in Pensacola, Fla. JLL arranged the deal on behalf of the seller.
At the time of sale, the property had a 97 percent occupancy rate for the fall 2024 academic year. The company completed the five-story building in 2017 with the help of a $12.7 million construction loan originated by Renasant Bank, according to Yardi Matrix information.