Coastal Ridge goes back to school with student housing investments

The company is among the fastest-growing buyers of student rental housing nationwide. Florida is a key market.


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  • | 12:20 p.m. October 12, 2018
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COURTESY PHOTO — The Reef, a 924-bed student housing complex in Fort Myers, offers numerous amenities.
COURTESY PHOTO — The Reef, a 924-bed student housing complex in Fort Myers, offers numerous amenities.
  • Commercial Real Estate
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When Patrick McBride and two college buddies at Miami University of Ohio acquired their first student housing complex several years ago, they had no inkling that their partnership would eventually become among the fastest-growing owners of multifamily student housing rentals nationwide.

Today, Coastal Ridge Real Estate control $1.6 billion worth of assets, including six projects in Florida, its largest set of holdings in any state outside its home base of Ohio.

 

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