FOR IMMEDIATE RELEASE
GAINESVILLE, FLA., July 21, 2026. Ivy Capital, a real estate investment firm focused on value-add student housing across the Southeast, today announced the acquisition of The Crossing, a 337-unit, 1,178-bed student housing community in Gainesville, Florida, for $40.7 million. The property was purchased from Nathan Collier’s The Collier Companies.

The Crossing is located steps from Santa Fe College. Spanning 31 buildings, it is the only purpose-built student housing community serving the campus, and it benefits from strong off-campus demand and established transfer pathways to the University of Florida. Santa Fe’s enrollment has grown as the University of Florida grows more selective.

Ivy Capital partnered with Midsouth Capital Partners LLC and Oconee Construction as co-general partners on the acquisition. Oconee Construction, led by Wes Wilson, will also oversee the property’s renovation program, while Caliber Living LLC will provide day-to-day property management.

“The Crossing is an outstanding addition to our portfolio. It has the potential to be one of the premier properties in Gainesville, servicing Santa Fe College and the University of Florida. We believe the property’s location, demand drivers and renovation potential position it to deliver an exceptional living experience for students while creating long-term value for our investors,” said Jeff Guberman, CEO of Ivy Capital.

Ivy Capital’s value-add business plan includes modernizing apartment interiors, upgrading major building systems, enhancing community amenities and improving property operations. These investments are designed to create a more modern, connected living environment for residents while strengthening occupancy and long-term asset performance.

About Ivy Capital
Ivy Capital is a privately held real estate investment firm focused on acquiring and operating student housing
communities across the Southeast. The firm is guided by a simple belief: quality living creates quality returns. Ivy Capital targets overlooked and undervalued properties in secondary and tertiary markets and has acquired eight assets across four states, totaling more than 2,600 beds to date.

Media Contact
Aesha Mehta
Investor Relations, Ivy Capital
[email protected]
ivy-cap.com