Hub at Madison

University of Wisconsin
313 Units | 961 Beds

TSB Realty and TSB Capital Advisors were engaged by Core Spaces to sell and/or recapitalize the Hub at Madison via an off-market process directly approaching known core buyers/investors of student housing. TSB Realty and TSB Capital Advisors worked in unison to provide Core Spaces with an option to recapitalize and sell the property. The transaction was successfully completed in 2016 with EdR. Hub at Madison and Hub at Tucson were both included in the transaction.

Property Summary 
• Class “A” student housing in 12-story high-rise
• Includes more than 25,000 square feet of retail, 143 parking spaces and 46 moped spots
• 313 Units | 961 Beds
• Year Built: 2015
• Deal closed: 2016

Property Amenities
• Located one block from the University of Wisconsin library and steps from Madison’s best bars, restaurants and retail
• Rooftop pool and sundeck
• State-of-the-art fitness center
• Sauna, steam room and tanning salon
• Business center and study rooms

Property Description
Hub at Madison is a “best-in-class,” purpose-built student housing property located one block from the University of Wisconsin campus. The property consists of various unit types, ranging from studios to five bedrooms, and allows residents to choose from the following different apartment types: standard, spa, mansion and VIP. Inside the units, residents find top-of-the-line finishes, which include custom-designed furniture, 50-inch HD Smart Screen televisions, quartz countertops, wood-style flooring, fully equipped kitchens and much more. In common areas, residents are treated to a rooftop sundeck and pool, two hot tubs, cabanas, 20-foot outdoor LED television screen, state-of-the-art fitness center, steam room, tanning salon, gaming room, business center and study rooms. The property also has more than 25,000 square feet of premium retail space, with additional retail and restaurants located nearby along State Street. Hub at Madison has no market equal, both in terms of quality of amenities as well as location, regardless of asset class.