Berkadia announced the sale of Orchard Corners & Suites, a 139-unit, 264-bed, garden-style student housing property serving The University of Kansas in Lawrence, Kansas.

Berkadia’s Student Housing and Kansas City investment sales teams collaborated to facilitate the transaction on behalf of the seller, Utah-based Redstone Residential. The Berkadia team included Senior Managing Directors Travis Prince and Kevin Larimer, Directors Shawn Lubic and Victoria Marks of Berkadia Student Housing, and Senior Director Michael Spero, Director Niko Vrentas, and Associate Director Simon Rodewald of Berkadia Kansas City.

The property offers fully furnished two, three, and four-bedroom apartments as well as unfurnished studios. Orchard Corners is located just west of campus off Bob Billings Parkway and Kasold, providing easy access to the University of Kansas campus, food and retail options. The pet friendly community features a pool, a fitness center, and study rooms.

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