2025-04-29
Centaline Investment is pleased to announce its recent acquisition of Champions Club, a premier 232-bed student housing community ideally located within walking distance of the University of Arkansas campus in Fayetteville. This strategic acquisition, valued at approximately USD 25 million, expands Centaline Investment’s portfolio of high-quality student accommodations.
About Champions Club
Constructed in 2016, Champions Club offers University of Arkansas students modern living with exceptional amenities:
- Spacious bedrooms featuring private bathrooms and walk-in closets
- Convenient in-unit laundry facilities
- Resort-style swimming pool
- 24/7 state-of-the-art fitness center
- Engaging game lounge and computer lab
- Outdoor grill and fire pit area
- Pet-friendly environment complete with a dedicated dog park
Strategic Investment & Future Enhancements
“We are excited to add Champions Club to our portfolio,” stated Kavis Ip, CEO of Centaline Investment. “This acquisition aligns with our commitment to providing quality student housing in vibrant university communities. With the University of Arkansas experiencing enrollment growth, we see tremendous opportunity to enhance the living experience for residents at Champions Club”
Centaline Investment plans significant value-add initiatives, committing approximately USD 1.5 million towards capital improvements. “Our team is committed to elevating Champions Club to new heights,” said Josephine Kong, Chief Investment Officer. “Planned upgrades include enhancements to common areas, technology infrastructure, and the addition of sought-after student amenities to foster a stronger sense of community.”
Market Confidence
This acquisition underscores Centaline Investment’s confidence in the U.S. student housing market, built on nearly a decade of experience in the sector. “We have witnessed the steady growth of tertiary education students and the long-term commitment by global institutional investors.” added Josephine Kong. “We foresee the U.S. student housing market will grow steadily, making this acquisition a strategic move to capitalize on strong market fundamentals.”
She added, “We spotted the trend that people more tend to diversify their investment into various asset classes and currencies with the growing dynamics of the international scene. And student housing is surely one of their picks.”