ST LOUIS, MO - GMH Capital Partners and AGC Equity Partners announced the acquisition of Everly on the Loop, a 428-bed student housing community in St. Louis, Missouri. Located at 6105 Delmar Boulevard, Everly on the Loop is the only privately-owned, purpose-built student housing property serving Washington University in St. Louis (WashU).
“Everly on the Loop is the first of its kind in the WashU market,” said James W. Kirby Jr., Executive Vice President of Acquisitions at GMH Capital Partners. “The opportunity to own an asset serving a prestigious university and its students is one we are excited for here at GMH. We look forward to being a part of the WashU community for years to come."
Built in 2017, the 192,390-square-foot off-campus student housing community consists of 14 stories and 209 units. Students enjoy upscale, spacious studios and one-, two-, and three-bedroom units that average 899 square feet and feature private bathrooms, hardwood-style floors, stainless steel appliances, and modern finishes throughout. Everly on the Loop offers a fully-equipped fitness center, yoga room, game room, pool, and both indoor and outdoor entertainment spaces. The property also features a resident dedicated shuttle to and from the Danforth Campus that runs during the fall and spring semesters.
Everly on the Loop is ideally situated in the Delmar Loop neighborhood, on the edge of WashU’s North Campus and just a half-mile from the university’s Danforth Campus. The Delmar Loop is home to many restaurants, bars, and entertainment options including Mission Taco Joint, Tavolo V Italian Restaurant, Prime 55 Restaurant & Lounge, Three Kings Public House, Blueberry Hill, W Karaoke Lounge, Delmar Hall, and many more.
Source: GMH Capital Partners