Lodge at Boulder
In March 2019, DFA and its partner acquired a 355 bedroom student housing project near the main campus of the University of Colorado at Boulder on behalf of Deutsche Finance’s private retail clients. DFA has completed renovations on this property built in the 1970s and renovated into a like-new property since acquisition. Upgrades included a new clubhouse, complete interior refinishes, mechanical upgrades to modern comfort and efficiency standards, and the reconfiguration of several units to add 16 bedrooms to the property. The upgraded property is well positioned to meet the needs of the University of Colorado’s student body in one of the nation’s tightest student housing markets.