Hawkins Way Capital Expands FOUND Study with New Acquisition
Hawkins Way Capital Takes a Bold Step Forward
In an impressive move, Hawkins Way Capital has added a notable property to its growing portfolio. The acquisition consists of the University Centre Newark, a well-equipped facility that will now serve as a FOUND Study location. This venue is designed to enhance the living experience for students attending nearby universities, fulfilling a crucial need in the student housing market.
Newly Acquired Property Details
The University Centre Newark will operate under the management of FCL Management, which specializes in maintaining high-quality student housing across the country. The facility boasts 521 bedrooms, which will soon accommodate 800 beds, signaling strong demand from students seeking quality housing options. Interestingly, the types of accommodations include two-bedroom and three-bedroom apartments, making it ideal for both individuals and groups of students.
Amenities for Modern Student Living
Students residing in this new facility can expect a multitude of amenities aimed at enhancing their academic experience. Some of the key features include a 24-hour fitness center equipped with the latest strength and cardio machines, recreation rooms that are perfect for relaxation and socialization, and an Academic Success Center furnished with iMacs and PCs.
Commitment to Student Experience
“Our aim with the acquisition of University Centre is to provide students in this area with a great living experience that is aligned with their academic pursuits,” said a spokesperson for Hawkins Way Capital. Such efforts are part of a broader commitment to create safe, vibrant communities where students can thrive both academically and socially.
Strategic Location Benefits
Located adjacent to key educational institutions such as Rutgers University-Newark and the New Jersey Institute of Technology, the location offers convenience for students attending classes. Beyond academics, residents will find a vibrant community teeming with dining, entertainment, and retail options right at their doorstep, fostering a truly immersive college experience.
About Hawkins Way Capital
Hawkins Way Capital is a respected name in the real estate sector, known for its visionary approach to property investment. With a strong portfolio valued at over $3 billion, the company focuses on acquiring and developing properties that deliver significant value. The FOUND Study brand, in particular, epitomizes their commitment to improving student housing across various metropolitan landscapes.
About FCL Management
FCL Management shares Hawkins Way's vision by managing an extensive portfolio across the U.S. Their expertise lies in creating tailored housing solutions that cater specifically to the needs of students and their unique lifestyles.
Frequently Asked Questions
What is the significance of the FOUND Study brand?
FOUND Study focuses on enhancing the student living experience through purpose-built housing that supports academic success.
How many beds will the University Centre Newark accommodate?
The facility will accommodate a total of 800 beds after the expansion.
What types of apartments are available?
Students can choose from two-bedroom and three-bedroom apartments, featuring modern finishes and appliances.
Why is location important for student housing?
Proximity to educational institutions and local amenities allows students to balance their academic and social lives more effectively.
How does Hawkins Way Capital contribute to the community?
By investing in quality housing, Hawkins Way aims to create supportive environments that foster academic success and community engagement.
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