Peak Property Group: Peak Property buys into 992-bed student property near West Virginia University

Columbus-based Peak Property Group has stepped into the West Virginia University student housing market in a big way. The company joined Glen Mills, Pa.-based Roch Capital in the purchase of the 992-bed West Run Apartments in Morgantown, W.Va.. Details of the purchase were not immediately available but the joint venture financed the acquisition through Redwood Trust. The 23, three-story buildings have 332 units with two-, three- and four-bedroom floor plans. Peak Property claims the Morgantown…