Tampa student housing sells for $45 million

A New York-based investment firm has acquired the 4050 Lofts complex in Tampa for $45 million, the latest in a wave of institutional student housing deals nationwide.

Investcorp, which specializes in “alternative investment products” and has invested in more than $11 billion in real estate in the past decade, bought the complex from an affiliate of Campus Advantage, of Austin, Texas.

The 4050 Rocky Circle Road complex is blocks away from the University of South Florida's Tampa campus.