A shiny new student high-rise on High Street just cashed in. The Verve Columbus luxury student apartment building near The Ohio State University has sold for about $69 million, the latest sign that investors are very interested in recently built, amenity-heavy student housing in the University District.
County records confirm the transfer
According to the Franklin County Auditor, a deed showing a $68,875,000 transfer was recorded on June 30, placing SA Columbus Apartments LLC as the new owner of the property. The same transaction appears in The Columbus Dispatch weekly Top Transfers roundup, which lists the prior owner as Verve Columbus Owner LLC.
Buyer to rebrand property as Lark
Columbus Business First reports that the buyer plans to operate the community under the Lark Columbus name as part of its broader portfolio strategy. The outlet notes the complex opened in 2023 and that the acquisition fits a pattern of institutional buyers snapping up newer student housing close to campus.
Property size and amenities
The eight-story building includes roughly 153 units and advertises student-focused perks such as by-the-bed leasing, furnished apartments, a resort-style pool and a 24/7 fitness center, according to the property's Apartments.com listing. Floor plans range from studios to five-bedroom layouts, tailored to Ohio State students and helping explain why investors are drawn to amenity-forward developments like this one.
Part of a wider OSU-area building boom
Local reporting shows the Verve sale is one of several recent moves reshaping High Street and the University District as developers continue to add mid-rise and high-rise student communities. Coverage of a High Street timber tower shaking up the campus skyline and additional tracking by Columbus Business First highlight a string of proposals and recent completions that together make newly built complexes particularly attractive to institutional buyers.
Public property records provide the official details of the transfer. Leasing terms, any management tweaks, and possible renovations will become clearer as the new owner rolls out the Lark brand. We will be watching permit filings and leasing pages for any announced changes to rents or resident-facing programs.
