Landmark Properties and Kane Properties Acquire 128-Bed Eclipse on Broad Student Housing Community in Athens, GA

Landmark Properties, in partnership with Kane Properties, has acquired Eclipse on Broad, a 128-bed student housing community situated 0.14 miles northeast of the University of Georgia in Athens, Georgia, the firms announced April 14, 2026. TSB Capital Advisors arranged debt financing for the transaction, with Seacoast Bank serving as lender.

Strategic Foothold in a Core Student Housing Market

The acquisition expands Landmark Properties' presence in Athens. With Eclipse on Broad added to its portfolio, the Athens, Georgia-headquartered firm now owns or operates seven student housing assets in the city comprising more than 3,000 beds. The property sits adjacent to The Mark, which Landmark has described as its largest asset in the Athens market.

"We're excited to add Eclipse on Broad to our portfolio in Athens," said JD Goering, Senior Vice President of Acquisitions at Landmark Properties. "The community adds to the company's portfolio of quality pedestrian-to-campus housing. Eclipse on Broad's location adjacent to Landmark's largest asset in the market, The Mark, makes it a natural fit into the company's portfolio."

Property Details: Eclipse on Broad

Built in 2013, Eclipse on Broad comprises six structures in total: one midrise apartment building known as "The Flat," which features four-bedroom layouts, and five separate townhome units, each with four-bedroom layouts and private two-car garages. The property offers 68 on-site parking spaces.

Unit finishes include hardwood-style vinyl plank flooring, stainless-steel appliances, granite countertops, walk-in closets, Smart TVs in living rooms, and a private bathroom for each bedroom. Shared amenities include a clubhouse, study lounges, a 24-hour fitness center, and an outdoor courtyard with grills.

Financing

The financing for the Eclipse on Broad acquisition was arranged by TSB Capital Advisors, with Seacoast Bank providing the debt. Financial terms, including loan amount, interest rate, and loan-to-value ratio, were not disclosed.

Landmark Properties' Scale and Development Pipeline

Landmark Properties is a fully integrated real estate investment management firm headquartered in Athens, Georgia, with additional offices in Atlanta, New York, and London. The firm specializes in the development, construction, acquisition, and operation of residential communities, with a focus on student housing and multifamily real estate.

The company currently manages more than $15 billion in assets under management across more than 115 residential communities in the United States, encompassing 74,000 beds. Landmark also maintains an active development pipeline of more than 50 student and multifamily projects either under construction or approaching near-term start, with an estimated combined value exceeding $10 billion.

Kane Properties served as co-general partner in the Eclipse on Broad acquisition. No seller was identified in the announcement.

Sources: Landmark Properties press release, April 14, 2026