Vesper Holdings Acquires 500-Bed Community Near University of Iowa

Iowa City, Iowa — Vesper Holdings has acquired The Hive, a 500-bed student housing community located near the University of Iowa campus in Iowa City. Delivered in 2024, the development offers 250 fully furnished units in a mix of one-, two- and three-bedroom configurations. Shared amenities include a resort-style pool, 24-hour fitness center, clubhouse, sauna, tanning bed, rooftop deck, study rooms, resident lounges, courtyards, fire pits and outdoor picnic and grilling areas. Christopher Epp of Walker & Dunlop represented the undisclosed seller in the transaction. Will Baker and William Shell, also with Walker & Dunlop, placed acquisition financing on behalf of Vesper…

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