Mascia Development, LLC is currently seeking opportunities to acquire, renovate, or develop student housing assets in the Northeast.

The property must be located within one-mile of a major college or university with a minimum aggregate student count of 10,000. Existing student housing properties must contain a minimum of 250 bedrooms and a bedroom:bathroom ratio of 1:1. There must also be a parking ratio of one car per bed. Other existing structures must contain a total floor area of at least 100,000 square feet or equivalent development potential.

Area of Focus

We commonly seek projects in areas of the Northeast that offer the potential to build long term value. Our primary areas of focus are the New York City, Albany, Rochester, Syracuse, Buffalo, and Ithaca markets. We will also consider potential acquisitions in other areas of the Northeast depending on the site location and strength of the local colleges and universities.

Transaction Size

The preferred transaction size for existing assets $2.5 million to $30 million. All of our acquisitions demonstrate positive, existing cash flow at the time of investment with an upside in lease-up. The preferred transaction size for development is site dependent.

Contact

If you are an owner or broker with a potential acquisition that fits our criteria, please contact our Development and Acquisitions team by clicking here or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .