At a glance
- The KU Gateway District project comprises two residential buildings with 199 units and 482 beds.
- For allocators, the investment carries construction completion and lease-up risk before the 2028–29 opening, and Asset Living is responsible for leasing.
- Axium reported $9.3 billion in regulatory assets across 23 accounts in a Form ADV filed with the SEC on March 30, 2026.
A fund managed by Axium Infrastructure agreed to acquire a 95% interest in an on-campus student housing project under construction at the University of Kansas in Lawrence, Kan. Terms were not disclosed.
The KU Gateway District project comprises two residential buildings with 199 units and 482 beds. Construction began in June 2026 and the buildings are expected to open in the 2028–2029 academic year, IREI reported. The project will operate under a 99-year air rights lease with the University of Kansas and its affiliates. Asset Living will manage the property, leading leasing, staffing, facility maintenance, billing and collections.
For allocators, the investment carries construction completion and lease-up risk before the 2028–29 opening, and Asset Living is responsible for leasing.
Axium reported $9.3 billion in regulatory assets across 23 accounts in a Form ADV filed with the SEC on March 30, 2026. Axium president Thierry Vandal said the investment adds housing capacity and strengthens the firm's US social infrastructure portfolio, and named the Edgemoor/Sunflower team as its partner. In October, Axium was part of the group that bought five Alberta care communities from the Brenda Strafford Foundation, as Private Wealth Daily previously reported.
Reported by the Transport & public-private desk from IREI and Form ADV (SEC IAPD). Published . Corrections