Stonebridge Property Group

Stonebridge Property Group, a Brooklyn-based firm, has purchased the Oasis, a 672-bed student housing property in San Marcos, TX, from Palladius Capital Management for an undisclosed amount. Palladius had acquired and fully renovated the property just two years earlier, doubling its net operating income. The 250,000-square-foot development, situated near Texas State University, features modern amenities and is 99% occupied with leases secured for the next year.