There is a new owner of a College Station apartment complex.
LV Collective and Kayne Anderson Real Estate announced the purchase of The Heights at College Station on Holleman Drive South.
A news release says The Heights expands LV’s portfolio into cottage-style apartments, presenting “a value-add opportunity to enhance a well-regarded community.”
News release from LV Collective and Kayne Anderson Real Estate:
LV Collective, a national multifamily and student-oriented real estate owner and operator, and Kayne Anderson Real Estate, an alternative real estate investment management firm, announced the acquisition of The Heights at College Station, a resort-style community offering luxury cottage apartments.
This project expands LV’s portfolio beyond pedestrian assets with a strategic entry into a new product type — cottage-style apartments.
“The Heights’ strong reputation, high-quality design, and proven appeal among students made it a standout opportunity, aligning with LV’s commitment to expanding into differentiated, best-in-class assets within the student housing sector,” said executive vice president of acquisitions at LV Collective, Christopher Kott.
Located at 3055 Holleman Drive S. in College Station, The Heights offers a resort-style pool with Jumbotron, cyber lounge, study spaces, coffee bar, fire pit and grilling pavilions, hammock garden and beach volleyball court, and 24-hour game room and study lounge.
While preserving the property’s core features, this acquisition represents a value-add opportunity to enhance a well-regarded community. LV Collective will introduce their signature design, marketing and resident experience approach, introducing a new standard for cottage-style living in College Station.
“This acquisition represents more than the purchase of a property and making surface-level upgrades; it’s about choosing the right project that aligns with our values and vision,” said Kott. “It’s a key step in a broader strategy to build an acquisition platform that delivers long-term value, breathing new life into communities and creating environments designed for how today’s students experience college life.”
LV’s acquisition platform allows the company to extend its deep expertise—from development to operations—across a growing portfolio. The acquisition of The Heights further drives this effort to deliver exceptional, experience-driven communities.
The Heights will operate under LV Collective Management, with no planned changes to staff or operations, ensuring a seamless experience for residents.
TSB Realty brokered the sale while TSB Capital Advisors arranged the financing for the transaction.

