{"id":1004051880,"date":"2011-12-14T17:20:48","date_gmt":"2011-12-15T01:20:48","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=28113"},"modified":"2022-12-08T04:41:00","modified_gmt":"2022-12-08T12:41:00","slug":"ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/","title":{"rendered":"UCF Off-Campus Housing Complex Trades for $84M; Grand Floridian Gets Timeshare Addition"},"content":{"rendered":"<p>By Georgiana Mihaila, Associate Editor<\/p>\n<p style=\"text-align: justify\">The <em>Orlando Business Journal<\/em> reports that the 1,527-bed student housing complex across the street from the University of Central Florida\u2019s main campus has traded hands for more than $84 million. The buyer is HSRE-UCF I LLC, an entity related to Harrison Street Real Estate Capital LLC\u2014a Chicago real estate investment management firm. University Central, considered the newest, greenest UCF off-campus housing community, was developed by Sterling UCF LP\u2014a joint venture between Lee Chira Holdings Ltd. and Houston-based developer Dinerstein Cos. Completed in fall 2011, the project consisted of two phases, with the $60-$70 million first phase being awarded LEED Silver certification. The second phase, which was started in 2010, is still awaiting LEED certification.<\/p>\n<p style=\"text-align: justify\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-28118\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/12\/off-Campus-Student-Housing.jpg\" alt=\"\" width=\"300\" height=\"225\" \/><\/p>\n<p style=\"text-align: justify\">The UCF off-campus community offers contemporary one-, two-, three-, and four-bedroom units, both furnished and unfurnished; the student apartments feature 32\u2019\u2019 HD flat screen TVs, free high-speed Internet and cable TV in every bedroom, and 42\u2019\u2019 flat screen TVs in select living rooms. \u00a0Community amenities include four resort-style pool plazas, a free tanning salon, a 3D theater room, a two-story fitness center and a state-of-the-art high-tech computer center.<\/p>\n<p style=\"text-align: justify\">In other real estate news, Disney Vacation Club has announced it will build a timeshare addition next to the Grand Floridian Resort &amp; Spa; a separate building will stand next to the Floridian\u2014Walt Disney World\u2019s highest-priced, company-owned hotel\u2014consisting of 147 timeshare units. Due late 2013, the project will be the second timeshare property built by Disney along the Magic Kingdom monorail, following Bay Lake Tower, an addition to Disney\u2019s Contemporary Resort which opened two years ago.<\/p>\n<p style=\"text-align: justify\"><em>Photo Credits: www.sterlinghousing.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Georgiana Mihaila, Associate Editor<br \/>\nThe Orlando Business Journal reports that the 1,527-bed student housing complex across the street from the University of Central Florida\u2019s main campus has traded hands for more than $84 million. The buyer is HSRE-UCF I LLC, [&#8230;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1493],"tags":[],"class_list":["post-1004051880","post","type-post","status-publish","format-standard","hentry","category-latest","category-orlando"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>UCF Off-Campus Housing Complex Trades for $84M; Grand Floridian Gets Timeshare Addition - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UCF Off-Campus Housing Complex Trades for $84M; Grand Floridian Gets Timeshare Addition\" \/>\n<meta property=\"og:description\" content=\"By Georgiana Mihaila, Associate Editor The Orlando Business Journal reports that the 1,527-bed student housing complex across the street from the University of Central Florida\u2019s main campus has traded hands for more than $84 million. The buyer is HSRE-UCF I LLC, [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2011-12-15T01:20:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T12:41:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/12\/off-Campus-Student-Housing.jpg\" \/>\n<meta name=\"author\" content=\"Amalia Otet\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\\\/\"},\"author\":{\"name\":\"Amalia Otet\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9f6a1043b1429cf8ff129c75614caa73\"},\"headline\":\"UCF Off-Campus Housing Complex Trades for $84M; Grand Floridian Gets Timeshare Addition\",\"datePublished\":\"2011-12-15T01:20:48+00:00\",\"dateModified\":\"2022-12-08T12:41:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\\\/\"},\"wordCount\":280,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2011\\\/12\\\/off-Campus-Student-Housing.jpg\",\"articleSection\":[\"News\",\"Orlando\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\\\/\",\"name\":\"UCF Off-Campus Housing Complex Trades for $84M; Grand Floridian Gets Timeshare Addition - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2011\\\/12\\\/off-Campus-Student-Housing.jpg\",\"datePublished\":\"2011-12-15T01:20:48+00:00\",\"dateModified\":\"2022-12-08T12:41:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9f6a1043b1429cf8ff129c75614caa73\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\\\/#primaryimage\",\"url\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2011\\\/12\\\/off-Campus-Student-Housing.jpg\",\"contentUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2011\\\/12\\\/off-Campus-Student-Housing.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UCF Off-Campus Housing Complex Trades for $84M; Grand Floridian Gets Timeshare Addition\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9f6a1043b1429cf8ff129c75614caa73\",\"name\":\"Amalia Otet\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6b04062ec19b075e11c42269b5c31dfb32bdf83e40d929924449e4c1828aaa3c?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6b04062ec19b075e11c42269b5c31dfb32bdf83e40d929924449e4c1828aaa3c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6b04062ec19b075e11c42269b5c31dfb32bdf83e40d929924449e4c1828aaa3c?s=96&d=mm&r=g\",\"caption\":\"Amalia Otet\"},\"description\":\"Amalia Otet leads publishing and content for Yardi products, where she turns real estate data and market trends into stories that inform and inspire. Outside of work, Amalia strives to live beautifully - one green step at a time.\",\"sameAs\":[\"Macchiato\"],\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/amaliaotet\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"UCF Off-Campus Housing Complex Trades for $84M; Grand Floridian Gets Timeshare Addition - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/","og_locale":"en_US","og_type":"article","og_title":"UCF Off-Campus Housing Complex Trades for $84M; Grand Floridian Gets Timeshare Addition","og_description":"By Georgiana Mihaila, Associate Editor The Orlando Business Journal reports that the 1,527-bed student housing complex across the street from the University of Central Florida\u2019s main campus has traded hands for more than $84 million. The buyer is HSRE-UCF I LLC, [...]","og_url":"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2011-12-15T01:20:48+00:00","article_modified_time":"2022-12-08T12:41:00+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/12\/off-Campus-Student-Housing.jpg","type":"","width":"","height":""}],"author":"Amalia Otet","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/"},"author":{"name":"Amalia Otet","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9f6a1043b1429cf8ff129c75614caa73"},"headline":"UCF Off-Campus Housing Complex Trades for $84M; Grand Floridian Gets Timeshare Addition","datePublished":"2011-12-15T01:20:48+00:00","dateModified":"2022-12-08T12:41:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/"},"wordCount":280,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/12\/off-Campus-Student-Housing.jpg","articleSection":["News","Orlando"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/","url":"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/","name":"UCF Off-Campus Housing Complex Trades for $84M; Grand Floridian Gets Timeshare Addition - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/12\/off-Campus-Student-Housing.jpg","datePublished":"2011-12-15T01:20:48+00:00","dateModified":"2022-12-08T12:41:00+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9f6a1043b1429cf8ff129c75614caa73"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/12\/off-Campus-Student-Housing.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/12\/off-Campus-Student-Housing.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/ucf-off-campus-housing-complex-trades-for-84m-grand-floridian-gets-timeshare-addition\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"UCF Off-Campus Housing Complex Trades for $84M; Grand Floridian Gets Timeshare Addition"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9f6a1043b1429cf8ff129c75614caa73","name":"Amalia Otet","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/6b04062ec19b075e11c42269b5c31dfb32bdf83e40d929924449e4c1828aaa3c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6b04062ec19b075e11c42269b5c31dfb32bdf83e40d929924449e4c1828aaa3c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6b04062ec19b075e11c42269b5c31dfb32bdf83e40d929924449e4c1828aaa3c?s=96&d=mm&r=g","caption":"Amalia Otet"},"description":"Amalia Otet leads publishing and content for Yardi products, where she turns real estate data and market trends into stories that inform and inspire. Outside of work, Amalia strives to live beautifully - one green step at a time.","sameAs":["Macchiato"],"url":"https:\/\/www.commercialsearch.com\/news\/author\/amaliaotet\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004051880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004051880"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004051880\/revisions"}],"predecessor-version":[{"id":1004625528,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004051880\/revisions\/1004625528"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004051880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004051880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004051880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}