Tailwind Group Acquires Student Housing Property in Morgantown, West Virginia
Tailwind Group and its partners are pleased to announce the recent acquisition of The Lofts Morgantown in Morgantown, West Virginia. This property is located approximately two miles from the West Virginia University campus and features 218 units and 648 bedrooms. The asset was purchased from an undisclosed seller, and the deal was brokered by William Vonderfecht and his team at CBRE. This marks Tailwind Group's fifth student housing acquisition in 2025.


This fall, Tailwind Group will commence its management and renovation value-add strategy, with an immediate focus on remodeling the entire leasing office, clubhouse, and resident amenities. Several exterior and site projects are also scheduled throughout the year.
"We are excited to enter the Morgantown market after years of sourcing different opportunities," said Nick Sheak, Tailwind Group's Director of Investments. "This acquisition perfectly fits into our strategic value-add platform from both a capital improvement and management standpoint. Our team is extremely excited to enter this market and implement our business plan."
Tailwind Group is a top 20 owner and manager of off-campus student housing in the country, with 40 different communities comprising approximately 19,500 bedrooms in their portfolio. Their reach spans 17 states and 25 universities.
Inquiries:
Brandon Smith, President & Chief Executive Officer
Michael Sather, Principal & Chief Investment Officer
Nick Sheak, Director of Investments