Monument continues student housing investments in Michigan

Monument Real Estate Services has picked up its second student housing assignment in Allendale, Michigan. Located on 48th Avenue, the three-story property features one, two and four bedroom units and consists of 920 beds with complimentary Wi-Fi and washer/dryer. Additionally, 48West recently underwent a series of amenity upgrades including a new fitness center, study area, a resort-style swimming pool with hot tub and a built-in grilling station. Situated across the street from Grand Valley State University, the appointment brings the firm's student living portfolio to 1,448 beds.

“We are pleased to enter the dynamic Michigan market with the addition of 48West and continue the expansion of our student living division,” said Jaime Rauscher, COO of Monument Real Estate Services. “We see continued opportunities in select markets around the country to utilize our management expertise in order to enhance the student living experience.”