Amid growing concerns over student housing in major university areas, Texas A&M students in Houston might see changes in their living situation as a high-rise dedicated to their accommodation faces the possibility of foreclosure. The 19-story Life Tower, serving Texas A&M students and owned by Houston-based developer MediStar, could find itself under the hammer at a foreclosure auction due to the developer defaulting on loans worth $135 million, reports the Houston Chronicle. The anticipated auction is slated to include the student housing high-rise and an adjacent parking garage after continuous delinquency on $76.5 million and $59.3 million loans.