Subtext Opens Student Housing Community at Purdue University

Subtext Opens Student Housing Community at Purdue University
News| August 29, 2025| Jasmine Kilman
Chicago & Midwest + Student Housing

Subtext has opened EVER West Lafayette, a new six-story, 449-bed student housing community just steps from Purdue University.

The project at 147 West Wood Street is Subtext’s second development in West Lafayette and the first to launch under its new EVER brand. The 245,649-square-foot development includes 143 units ranging from studio to four-bedroom layouts, including three- and four-bedroom townhomes.

EVER West Lafayette was developed in partnership with Kayne Anderson Real Estate. First Mid Bank & Trust served as the lender. Architecture and interiors were led by ESG Architecture & Design, with general contracting by Brinkmann Constructors.

“This was a first for us—two ground-up developments, across the street from each other, delivered just a year apart,” said Tim VanMatre, Founding Partner at Subtext. “Our team and partners really showed up to keep momentum through every phase, from entitlement and design to construction and lease-up—and we even achieved TCO ahead of schedule, allowing for a seamless transition to operations and move-in.”

Other News

40-Unit Apartment Building in Seattle’s University District Trades for $6M

Seattle & Northwest + Apartment Buildings

Ponderay Apartments, a 40-unit multifamily property located at 5625 15th Ave NE in Seattle’s University District, sold for $6.26 million, equating to $156,625 per unit. Built in 1963, the property totals 21,540 square feet and consists of 22 one-bedroom units and 18 studio apartments. The studios average 478 square feet, while the one-bedroom units average...

Learn more

TruAmerica Pays $120M for Perimeter Center Rental Community

Atlanta & Southeast + Apartment Buildings

TruAmerica Multifamily acquired Bricks at Perimeter Center for $120 million. Clark Ventures was the seller of the 446-unit, garden-style apartment community in Atlanta’s Perimeter Center submarket. Clark paid $69.5 million for the property in 2016. TruAmerica will revamp nearly all of the rooms in the complex, which was built in 2007. The company plans to incorporate...

Learn more

BTI, Bridge Score $109M for Hollywood’s Bread Building

Florida & Gulf Coast + Apartment Buildings

BTI Partners and Bridge Investment Group closed on $109 million in financing for the Bread Building, a multifamily property located in downtown Hollywood, Florida. Cushman & Wakefield arranged, and Greystone provided the Freddie Mac loan for the transaction on behalf of borrowers, BTI Partners and Bridge Investment Group. Cushman & Wakefield’s Equity, Debt & Structured Finance...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up