{"id":535,"date":"2021-08-25T19:11:05","date_gmt":"2021-08-25T19:11:05","guid":{"rendered":"https:\/\/brightstonere.com\/?post_type=project&p=535"},"modified":"2021-10-01T14:34:10","modified_gmt":"2021-10-01T14:34:10","slug":"niche-pro","status":"publish","type":"project","link":"https:\/\/brightstonere.com\/project\/niche-pro\/","title":{"rendered":"The Niche & The Nook"},"content":{"rendered":"

[et_pb_section fb_built=”1″ admin_label=”Services” module_class=”banner_sec portofolio_banner_sec ” _builder_version=”4.9.10″ background_color=”#093660″ background_enable_image=”off” custom_padding=”66px||90px||false|false”][et_pb_row column_structure=”1_5,3_5,1_5″ use_custom_gutter=”on” gutter_width=”1″ admin_label=”About” module_class=”banner_sec_inner” _builder_version=”4.9.10″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”8px||0px|||” use_custom_width=”on” custom_width_px=”900px”][et_pb_column type=”1_5″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][\/et_pb_column][et_pb_column type=”3_5″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text module_class=”banner_sec_title2″ _builder_version=”4.9.10″ _module_preset=”default” text_text_color=”#ffffff” header_2_text_align=”center” header_2_text_color=”#ffffff” header_2_font_size=”64px” header_2_line_height=”68px” custom_margin=”0px||-6px|||” custom_padding=”||29px|||” animation_style=”slide” animation_direction=”bottom” animation_duration=”1500ms” animation_delay=”200ms” animation_intensity_slide=”20%”]<\/p>\n

The Niche and The Nook<\/h2>\n

[\/et_pb_text][et_pb_text admin_label=”About Section Title” module_class=”banner_sec_title1″ _builder_version=”4.9.10″ text_font=”Montserrat||||” text_text_color=”#1f1f1f” text_font_size=”36px” header_2_font=”GT-America||||||||” header_2_text_color=”#ffffff” header_2_font_size=”65px” header_2_line_height=”69px” header_5_font=”|||on|||||” header_5_text_align=”center” header_5_text_color=”#05C8E0″ header_5_font_size=”18px” header_5_letter_spacing=”4px” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”0px||11px||false|false” custom_padding=”||20px|||” animation_style=”slide” animation_direction=”bottom” animation_duration=”1500ms” animation_intensity_slide=”20%”]<\/p>\n

Gainesville, Florida<\/h5>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ module_class=”portfolio_details_sec2″ _builder_version=”4.9.10″ _module_preset=”default” background_color=”#ffffff” background_enable_image=”off” custom_padding=”130px||130px||true|”][et_pb_row column_structure=”1_5,3_5,1_5″ use_custom_gutter=”on” gutter_width=”1″ module_class=”portfolio_details_sec2_inner1″ _builder_version=”4.9.10″ _module_preset=”default” custom_padding=”0px|||||”][et_pb_column type=”1_5″ _builder_version=”4.9.10″ _module_preset=”default”][\/et_pb_column][et_pb_column type=”3_5″ _builder_version=”4.9.10″ _module_preset=”default”][et_pb_text module_class=”portfolio_details_sec2_title” _builder_version=”4.9.10″ _module_preset=”default” header_2_text_align=”center” header_2_text_color=”#093660″ header_2_font_size=”50px” custom_margin=”||29px|||”]<\/p>\n

Student Housing<\/h2>\n

[\/et_pb_text][et_pb_text module_class=”portfolio_details_sec2_desc” _builder_version=”4.9.10″ _module_preset=”default” text_text_color=”#093660″ text_orientation=”center” custom_margin=”||60px|||” custom_padding=”||29px|||” hover_enabled=”0″ sticky_enabled=”0″]Upon acquisition, the two properties had some of the lowest student housing rents in the market.
\nThe Niche, with 924 beds, boasts one of the largest resort-style pools in the city, as well as screened-in patios, a large fitness center, computer and study rooms, sand volleyball, and outdoor basketball.
\nWith 432 beds, The Nook offers a resort-style pool and spa, a fitness center, computer lab, tanning room, game room, and sand volleyball and basketball courts.
\nStudents at both properties have easy access to many dining and retail spots in Gainesville.
\nBrightstone implemented a full renovation plan, updating all units and amenities, realizing significant rental increases.[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.9.10″ _module_preset=”default”][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_3,2_3″ use_custom_gutter=”on” gutter_width=”4″ module_class=”portfolio_details_sec2_inner2″ _builder_version=”4.9.10″ _module_preset=”default” custom_padding=”1px||0px|||”][et_pb_column type=”1_3″ module_class=”portfolio_details_sec2_inner2_left” _builder_version=”4.9.10″ _module_preset=”default”][et_pb_text _builder_version=”4.9.10″ _module_preset=”default” text_text_color=”#6B86A0″ custom_margin=”||0px||false|false” custom_padding=”20px||20px||true|false” border_width_top=”1px” border_color_top=”#CED7DF” border_color_bottom=”#CED7DF”]Acquisition Date: <\/span> March 2017<\/span>[\/et_pb_text][et_pb_text _builder_version=”4.9.10″ _module_preset=”default” text_text_color=”#6B86A0″ custom_margin=”||0px||false|false” custom_padding=”20px||20px||true|false” border_width_top=”1px” border_color_top=”#CED7DF” border_color_bottom=”#CED7DF”]Purchase Price:<\/span> $35.4 Million
\n<\/span>[\/et_pb_text][et_pb_text _builder_version=”4.9.10″ _module_preset=”default” text_text_color=”#6B86A0″ custom_margin=”||0px||false|false” custom_padding=”20px||20px||true|false” border_width_top=”1px” border_color_top=”#CED7DF” border_width_bottom=”1px” border_color_bottom=”#CED7DF”]Renovation Cost:<\/span> $9.3 Million<\/span>[\/et_pb_text][et_pb_button button_url=”\/portfolio\/” button_text=”BACK TO PORTFOLIO” _builder_version=”4.9.10″ _module_preset=”default” custom_button=”on” button_text_size=”14px” button_text_color=”#093660″ button_border_radius=”100px” button_letter_spacing=”1px” button_font=”|600|||||||” custom_margin=”45px||||false|false” custom_padding=”17px|45px|17px|45px|true|true” button_bg_color__hover_enabled=”on|hover” button_bg_color__hover=”#093660″ button_bg_enable_color__hover=”on” button_text_color__hover_enabled=”on|hover” button_text_color__hover=”#05C8E0″ button_border_color__hover_enabled=”on|desktop” button_border_color__hover=”#093660″][\/et_pb_button][\/et_pb_column][et_pb_column type=”2_3″ module_class=”portfolio_details_sec2_inner2_right” _builder_version=”4.9.10″ _module_preset=”default” custom_padding=”|||17px|false|false”][et_pb_slider module_class=”portfolio_details_sec2_inner2_img” _builder_version=”4.9.10″ _module_preset=”default” custom_padding=”333px||333px||true|”][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/1-1.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/2-1.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/4-2.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/6-2.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/5-2.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/7-2.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/8-2.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/9-2.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/10-1.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/11-2.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/12-2.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/13.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/14-1.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/15.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/16.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/17-1.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/18-1.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/19-1.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/20-1.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/21-1.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/23-1.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/35.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/25.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/26-1.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/27-1.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/28-1.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/29-1.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/30-1.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/32.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/33.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/34.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][et_pb_slide _builder_version=”4.9.10″ _module_preset=”default” background_enable_color=”off” background_image=”https:\/\/brightstonere.com\/wp-content\/uploads\/2021\/08\/36.jpg” background_enable_image=”on” sticky_transition=”on”][\/et_pb_slide][\/et_pb_slider][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

Gainesville, FL<\/p>\n","protected":false},"author":1,"featured_media":536,"comment_status":"open","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"project_category":[],"project_tag":[],"_links":{"self":[{"href":"https:\/\/brightstonere.com\/wp-json\/wp\/v2\/project\/535"}],"collection":[{"href":"https:\/\/brightstonere.com\/wp-json\/wp\/v2\/project"}],"about":[{"href":"https:\/\/brightstonere.com\/wp-json\/wp\/v2\/types\/project"}],"author":[{"embeddable":true,"href":"https:\/\/brightstonere.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/brightstonere.com\/wp-json\/wp\/v2\/comments?post=535"}],"version-history":[{"count":0,"href":"https:\/\/brightstonere.com\/wp-json\/wp\/v2\/project\/535\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brightstonere.com\/wp-json\/wp\/v2\/media\/536"}],"wp:attachment":[{"href":"https:\/\/brightstonere.com\/wp-json\/wp\/v2\/media?parent=535"}],"wp:term":[{"taxonomy":"project_category","embeddable":true,"href":"https:\/\/brightstonere.com\/wp-json\/wp\/v2\/project_category?post=535"},{"taxonomy":"project_tag","embeddable":true,"href":"https:\/\/brightstonere.com\/wp-json\/wp\/v2\/project_tag?post=535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}