Maison Burbank Student Housing

JDI Realty, in partnership with Monument Square Investment Group, acquired Maison Burbank, a 532-bed (134-unit) garden-style student housing community serving Louisiana State University in Baton Rouge, Louisiana. Located just 0.7 miles south of campus and accessible via the Tiger Trails Transit system, the property offers 1,200 SF four-bedroom units primarily renovated in 2017 and is currently 98.5% occupied for the 2025–2026 academic year. Acquired at a strong value relative to replacement cost, Maison Burbank provides immediate income stability and long-term upside through planned capital improvements, including new roofs and site enhancements. With LSU experiencing record enrollment growth and limited new supply sustaining a 97% market occupancy rate, this acquisition is well-positioned for durable cash flow, continued rent growth, and long-term value creation.