Reliant Group Management pays $30M ($69k/bed) for 435-bed property, The Villas at Happy Valley, near Pennsylvania State University from Keystone

8/19/2025

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Student Housing Business

• Subcategory: MF: Student

• Tag: Sale

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: Keystone Group, Reliant Group Management

Franklin Street has arranged the $30 million sale of The Villas at Happy Valley, a 435-bed student housing property located at 1335 Dreibelbis St. near the Pennsylvania State University campus in State College. Developed in 2013, the community offers 145 three-bedroom units.