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A joint venture between Connor, Clark & Lunn Infrastructure and Bestinver Infra has acquired a majority interest in Northside, a 1,200-unit student housing community in Richardson, Texas, a Dallas submarket.

The partnership acquired the entirety of the interest owned by funds managed by Tikehau Capital North America. Balfour Beatty is the current property manager and is retaining a minority equity ownership stake in the asset.