University of Oklahoma Imhoff Road Student Housing Development

February 17, 2026

Coleraine Capital Group has announced plans for a new purpose-built student housing community near the University of Oklahoma in Norman. Located at 1751 East Imhoff Road, the project will deliver a modern residential environment designed to meet the evolving needs of today’s students while addressing growing demand for high-quality housing near campus.

The development will include 298 residential units totaling approximately 760 beds in a contemporary e-urban-style community. Situated roughly 0.7 miles from the University of Oklahoma campus, the project will offer convenient access to the university while providing upgraded living spaces and a full range of student-focused amenities.

Designed as a clear upgrade from Norman’s aging student housing inventory, the community will feature fully furnished units with private bedrooms and bathrooms, contemporary floor plans, and integrated community spaces that support both academic success and student lifestyle.

Planned amenities include a resort-style pool and outdoor gathering areas, fitness center and yoga studio, clubhouse with study lounges and private study rooms, pickleball courts, and landscaped courtyards with fire pits and BBQ areas. Residents will also benefit from shuttle service to campus and more than 660 surface parking spaces.

The project is being developed in response to strong market fundamentals surrounding the University of Oklahoma. The university’s enrollment exceeds 32,000 students, with more than half coming from out of state, creating sustained demand for off-campus housing options. In addition, no new purpose-built student housing has delivered near campus since 2017, underscoring the need for new supply.

Coleraine has secured both land control and entitlements for the development, with construction expected to begin in June 2026. The community is currently targeting initial occupancy in Fall 2028, aligning with the university’s academic calendar and long-term growth trajectory.

Once completed, the Imhoff Road community will expand Coleraine Capital Group’s portfolio of purpose-built student housing developments and reinforce the firm’s commitment to delivering modern housing solutions in high-demand university markets.

Coleraine Capital Group’s “The Current” Student Housing Transitions to Cal Poly Pomona Foundation

August 10, 2025

Coleraine Capital Group, in partnership with Gilbane Development Company, today announced the successful transfer of ownership of The Current, a 177-unit, 636-bed student housing community, to the Cal Poly Pomona Foundation, a non-profit corporation affiliated with California State Polytechnic University. The property’s transition deepens the public-private partnership that began with The Current’s construction and strengthens the Foundation’s ability to meet the university’s student housing goals.

The Current will continue to serve students with a focus on affordability, access, and academic success. Under Foundation ownership, the property will be integrated more closely with university services and student support systems—strengthening its role as a cornerstone of the campus community.

This transaction also reflects Coleraine’s broader commitment to delivering projects that not only meet market needs but also leave a lasting, positive impact on the communities they serve through public-private partnerships.

David Moon, President of Coleraine Capital Group, stated, “From the outset, our goal with The Current was to create a vibrant, supportive living environment that enhances the Cal Poly student experience. We’re proud to have played a role in delivering a high-quality housing solution that will benefit generations of students and contribute to the vitality of the Pomona community.”

The Current features fully furnished apartments, modern finishes, and a robust suite of indoor and outdoor amenities tailored to student life. The property achieved 100% preleasing prior to opening, with a waitlist of over 100 students, and continues to outperform market expectations.

With over 10,000 square feet of resort-style amenities—including private study rooms, a 24-hour fitness center, and a pet spa—The Current blends academic support with lifestyle convenience.

Coleraine and Gilbane’s successful partnership with the Cal Poly Pomona Foundation reflects a shared commitment to delivering meaningful student housing solutions. From development through construction, the collaboration remained strong and consistent, anchored by regular coordination meetings that guided the project through design and the City of Pomona’s approval process while building support from local leaders.

Ongoing coordination ensured alignment around project milestones, student-focused features, and key design elements. This collaborative approach led to the integration of services that directly benefit students, including a campus shuttle connection and an on-site grab-and-go retail space, thoughtfully leased in partnership with the Foundation to offer convenient access to food and essentials.

The project was made possible through a collaborative effort among Coleraine Capital Group, its development and investment partners Gilbane Development Company and Atlantic American Partners, with CBG Building Company serving as the general contractor and Humphreys & Partners Architects leading the design.

New $75 million student housing development will create needed housing within Sacramento’s Center for Innovation Specific Plan

January 30, 2017

Coleraine Capital Group, Inc. and its development partner, Amcal Equities, LLC announced that it has started construction on The Crossings student housing community and Innovation Center that will provide 750 beds to serve the students of California State University, Sacramento (Sac State).

Located at 2929 Ramona Avenue, the new community, slated for completion in August 2018, will feature state-of-the-art amenities and pedestrian-friendly proximity to the Sac State campus, only 0.2 miles from the University’s south entrance.

High demand and the lack of quality on- and off-campus, purpose-built student housing in the area will make The Crossings a top residential choice for Sac State graduate and undergraduate students, according to David Moon, President of Coleraine Capital Group.

Designed by leading student housing architect Humphreys & Partners Architects, LP, The Crossings is being constructed within the 240-acre Sacramento Center for Innovation Specific Plan. The Crossings will include an 11,000-square-foot Center for Innovation building providing students, faculty and businesses the opportunity to exchange knowledge, build connections and stimulate innovation. It will also offer space for retail shops and a café-style eatery.

The 9.05-acre student housing campus will be built to LEED Silver standards and will feature energy-efficient elements such as Energy Star appliances. The community will include three five-story access-controlled buildings totaling 334,250 square feet, each with its own central courtyard and elevator; a 14,800 square-foot clubhouse with outdoor basketball court and resort-style pool; and the Innovation Center.

The community clubhouse will feature academic, social and recreational amenities including private study rooms, computer lab, cyber café, game room, theater/presentation room and 24-hour fitness.

“Quality student housing is greatly needed in the Sac State campus area,” said Percy Vaz, CEO of Amcal Equities.

The Crossings was scheduled to begin leasing by August 1, 2017.

The Promontory Brings e-Urban Student Housing Design to CSU Monterey Bay With LEED, State-of-the-art, Amenity-rich Features

August 1, 2015

The opening of The Promontory marked a modern student housing community in Marina, California serving students of California State University Monterey Bay. The goal was to create a safe, modern, off-campus housing community centered on health, safety, and community.

According to David Moon, President of Coleraine Capital Group, the development was designed to provide premium housing surroundings that would allow students to focus on their goals within a safe and mentoring environment.

This e-Urban concept, patented by Humphreys & Partners Architects and developed at The Promontory by Amcal Monterey Bay, LLC, a joint venture between Amcal Equities and Coleraine Capital Group, has also been implemented at other campuses across the country.

The Promontory includes 174 suites and 579 beds housed in three four-story buildings. Each fully furnished suite includes a shared kitchen and living room, while every bedroom includes a private bathroom and individual lock for privacy and security.

The community offers 6,500 square feet of interior common amenities including study rooms, cyber café, computer lab, theater, game room, fitness center, and an outdoor basketball court.

Due to its immediate proximity to campus, many residents are able to walk or ride bicycles to school, helping reduce traffic and parking demand, while 400 parking spaces are also provided for residents.

The development was managed by the University Corporation, the nonprofit organization that manages the campus’ student housing, under a twenty-year master lease effective August 1, 2015.