PRESS ROOMNEWS RELEASE
Inland Acquires 673-Bed Student Housing Property Near the University of South Carolina
Alyssa Campbell
Inland CommunicationsOak Brook, Ill. – Inland Real Estate Acquisitions, LLC (“Inland Acquisitions”) announced today that it negotiated and closed the purchase of a 673-bed student housing property in Columbia, South Carolina. Mark Cosenza, senior vice president of Inland Acquisitions, with assistance from Brett Smith, VP and associate counsel of The Inland Real Estate Group, LLC, Law Department, completed the transaction on behalf of an Inland affiliate.
Positioned adjacent to the University of South Carolina campus, the Sawyer on Lincoln is a newly developed five-story purpose-built student housing property consisting of 277 units. Constructed in 2023, the property features 21 one-bedrooms, 117 two-bedrooms and 139 three-bedrooms and is 100% bed-bath parity, defined as each bedroom having its own private bathroom. Each unit is fully furnished with wood-style flooring, modern furniture, memory foam mattresses, private locks on bedroom doors, granite countertops, a full-size washer and dryer, valet trash service and electronic key card access.
“The Sawyer on Lincoln was sourced directly from ownership, underscoring Inland’s deep rooted relationships, commitment to the student housing sector and reputation for integrity in the industry,” said Cosenza. “Inland continues to be bullish on acquiring attractive student housing properties in prime locations, with consistent occupancy rates, projected university enrollment growth and high quality features and amenities.”
The property also features private and group study rooms, a 24-hour fitness center, a gated resident parking garage with 525 parking spaces, a VIP package locker system for parcels, a social lounge with kitchen and TVs, a resort-style pool with lounge seating and a hot tub, an outdoor resident courtyard with games and is pet friendly.
Sawyer on Lincoln is currently 100 percent occupied and recently began leasing for the 2025/2026 school year. University Partners will be managing the property and brings more than 20 years of experience operating student housing in top markets across the country. It currently owns and/or manages over 25,000 beds, representing over $4 billion of property value.
Since inception, Inland Acquisitions has facilitated more than $55 billion of purchases across all asset types, with a more recent focus on student housing, multifamily, self-storage, senior living and manufactured housing communities.
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About Inland Real Estate Acquisitions, LLC
Inland Real Estate Acquisitions, LLC assists in identifying potential acquisition opportunities, negotiates acquisition-related contracts and acquires real estate assets for the various entities that are a part of The Inland Real Estate Group of Companies, Inc., one of the nation’s largest commercial real estate and finance groups, which is comprised of independent legal entities, some of which may be affiliates, share some common ownership or have been sponsored and managed by such entities or subsidiaries thereof (collectively, “Inland”). For additional information, please refer to Inland’s website at www.inlandgroup.com.
About University Partners
University Partners (UP), headquartered in Dallas, TX, is a leading owner, operator, and manager of student housing across the U.S. and currently oversees approximately 24,000 beds across 43 properties. With 60+ years of combined experience in student housing operations, UP’s leadership team has developed a rigorous, data-driven approach to ensure their operations are best-in-class.