Subtext, Kayne Anderson Break Ground on 1,332-Bed Student Housing Development Near University of Virginia, VERVE Charlottesville

  • 4/28/2025

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A joint venture between Subtext and Kayne Anderson Real Estate has broken ground on VERVE Charlottesville, a 1,332-bed student housing project located adjacent to the University of Virginia campus at 100 Stadium Road in Charlottesville. The 12-story community will span 729,262 square feet and offer 463 units in studio, one-, two-, three- and four-bedroom floorplans.

Amenities will include a fireside lobby lounge, coffee café, two-story fitness and wellness center, multi-sport gaming lounge, F1 driving simulator, pool terrace, dog spa and pet park, makerspace, an outdoor fitness lawn and dedicated library and study spaces.

Subtext Living
Mike Hung | Partner & EVP, Acquisitions
Kayne Anderson Capital Advisors
Ken Carl | Senior Managing Director-Student/MF

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