HPP Equity Acquires 834-Bed Student Housing by Western Michigan University

HPP Equity Acquires 834-Bed Student Housing by Western Michigan University
News| November 11, 2026| Jasmine Kilman
Chicago & Midwest + Student Housing

HPP Equity has acquired Campus Court at Knollwood, an 834-bed student housing community in Kalamazoo, Michigan, near Western Michigan University, and selected HH Red Stone as its property management partner.

The partnership combines HPP Equity’s investment and ownership oversight with HH Red Stone’s national property management experience and owner-aligned management structure. “Campus Court is a well-located community with strong fundamentals, and we see a clear path to make it better for the students who live here,” said Justin Kain, CEO and Founder of HPP Equity. “We wanted a management partner that would run the property the way we would ourselves, with direct communication and real accountability.”

HPP Equity’s planned investment program will build on Campus Court’s existing amenities while addressing practical needs. Planned improvements include parking lot paving, more than 200 additional parking spaces, a new dog park, fitness center enhancements and apartment upgrades. Campus Court at Knollwood serves the Western Michigan University student housing market with studio through four-bedroom apartments and amenities.

Join us for the Connect Midwest Multifamily conference on the afternoon of Tuesday, June 8, 2027, at Joe’s Live in Rosemont, Illinois.

Other News

Construction Begins on Metro DC Senior Living Development

Washington DC

The Bell Mare at River Road, an upscale senior living community, will celebrate the project’s groundbreaking on a 5.93-acre site in Potomac. Developed by Harbert South Bay Partners and managed by Momentum Senior Living, The Bell Mare at River Road will add 94 residences offering assisted living and memory care. Slated to open in 2028,...

Learn more

MCB Real Estate Partnership Closes Financing to Renovate Baltimore’s Markley Building

Washington DC + Apartment Buildings

An MCB Real Estate-led partnership has received the final $6.3 million in financing for the renovation of The Markley, a historic early-20th-century building in Baltimore, Maryland. The property is located adjacent to The Enolia, a student housing development that is master leased to Morgan State University in Baltimore City. MCB, together with Hamilton-Lauraville Main Street,...

Learn more

StreetLights, Foresta Reveal Open Date for 344-Unit Lake Viridian Multifamily Community

Texas + Apartment Buildings

StreetLights Residential and Foresta Holdings unveiled The Linden, a new 344-residence multifamily community along Lake Viridian in Arlington, Texas. Located at 3925 Viridian Village near Collins Street and Viridian Road, The Linden comprises four buildings, each four to five stories tall, and offers studio, one- and two-bedroom residences ranging from approximately 504 to 1,396 square feet. Monthly...

Learn more
New call-to-action

Brokers

View All

Lenders

View All