Sterling Frisco

University of Arkansas
219 Units | 640 Beds

TSB Realty was engaged by The Dinerstein Companies to sell Sterling Frisco via an off-market process where we were only able to approach one potential buyer. TSB Realty secured an acceptable offer with a significantly limited engagement. The property was successfully sold in January 2015 to GMH Capital Partners and Principal Real Estate Investors. Sterling Frisco is now known as The Academy at Frisco and represented the first acquisition for the GMH Capital Partners and Principal Real Estate Investors relationship.

Property Summary
• Luxury, urban-style student housing
• Five-story and six-story apartment buildings
• 2,000 SF of retail space
• 219 Units | 640 Beds
• Year Built: 2013
• Deal Closed: January 2015

Property Amenities
• Pedestrian to University of Arkansas
• Resort-style saltwater pool with poolside cabanas
• Rooftop sun terrace
• Fitness center, club lounge and tanning center
• Gold Certified LEED community

Property Description
Perfectly located at the edge of the University of Arkansas campus, Sterling Frisco offers an urban-style community with state-of-the-art amenities. The property features studio, one-, two-, three- and four-bedroom floor plans in units featuring a variety of designer-inspired finishes, such as exposed ducts and polished concrete, HD-TVs in each living room and bedroom, energy-efficient appliances, and private patios or balconies. Common area amenities include a resort-style saltwater swimming pool, a complimentary tanning center and an on-site fitness center. A Gold Certified LEED community, Sterling Frisco provides students the perfect place to succeed at U of A.