Insights > Deals
Ivy Capital acquires 1,178-bed Gainesville student community
3 August 2026 | Asset Acquisition | USA | 1,178 beds | Operational
The purchase adds a large value‑add community opposite Santa Fe College, with Caliber Living appointed to lead the operating strategy.
Key details
Asset type | Operational |
Location | Gainesville, USA |
Capacity | 1,178 beds |
Seller | The Collier Companies |
Buyer | Ivy Capital |
Value | Undisclosed |
Adviser | Dumes Teets Mullowney Group |
Source: Ivy Capital
The Crossing at Santa Fe comprises 337 units in three- and four‑bedroom configurations at 3205 NW 83rd Street, directly opposite Santa Fe College. Its amenities include a resort‑style pool, a 24‑hour fitness centre, sports courts, an outdoor kitchen, a co‑working and social areas.
The property was marketed as a value‑add opportunity with scope to renovate units and reposition rents. Caliber Living has been appointed to manage the community following the acquisition.
Strategic context
The acquisition fits Ivy Capital's focus on underperforming student housing in secondary and tertiary Southeast markets where renovations and operating changes can create value. Appointing Caliber Living signals an immediate operating reset at a large, already-trading community rather than adding development risk.
The 1,178‑bed scale gives Ivy meaningful exposure beside Santa Fe College and to students using the college as a pathway to the University of Florida.
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