/

|

BDC Holdings has purchased two New York student housing communities for $90 million from OC Ventures. The deal included the 192-unit, 640-bed Block 20 Buffalo in Amherst and the 182-unit, 358-bed The Hill at Rochester. GREA brokered the deal on behalf of the seller.

Block 20 came online in 2016 and previously changed hands in May 2018 when Harrison Street sold it for $48.8 million, according to Yardi Matrix information. The property is at 100 Herron Drive, less than 2 miles from the University at Buffalo North Campus. UB Stadium is 3 miles away, while the Buffalo Niagara International Airport is within 10 miles.