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Willis Lease Finance makes $118 million Coconut Creek headquarters purchase

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    Willis Lease Finance makes $118 million Coconut Creek headquarters purchase

    August 16, 2026

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Florida Real Estate Market

Institutional Investment Heats Up With New Zaya Student Housing Project Near UF

July 2, 2026
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Gilbane Development Company and CBRE Investment Management have officially opened leasing for Zaya, a premium 703-bed student housing community in Gainesville, Florida. Located less than one mile from the University of Florida, this project aims to address the surging demand for high-quality, convenient student living solutions ahead of its scheduled completion in the fall of 2027.### Key takeaways

  • Total capacity of 703 beds configured across 352 individual units.
  • Incorporates bed-to-bath parity to ensure maximum privacy and convenience for tenants.
  • Strategic location within walking distance of the University of Florida campus and major local retail hubs.
  • Features a robust amenity package focusing on wellness, fitness, and collaborative study environments.### Meeting the demands of modern students
    The Zaya development is specifically designed to cater to the evolving needs of University of Florida students. By prioritizing bed-to-bath parity in its 352 units, developers are addressing a common pain point in modern collegiate housing—the desire for private bathroom access within shared floor plans. This approach reflects a broader trend of institutional investors shifting toward high-specification assets that promise both comfort and academic support.### Comprehensive amenities and lifestyle design
    To stand out in a competitive market, Zaya includes an extensive list of amenities intended to foster productivity and community. The planned facilities include:
  • Academic Support: Dedicated study rooms on every floor and a collaborative coworking lounge.
  • Wellness and Fitness: A 24-hour fitness center, a specialized yoga studio, and an indoor sauna.
  • Recreation: A rooftop pool, shared courtyards, and an on-site pickleball court.
  • Clubhouse: A centrally located social hub for residents to congregate.

The inclusion of a pickleball court and diverse social spaces highlights the project’s focus on non-academic wellness, which is increasingly becoming a standard expectation for premium student housing developments near flagship universities.### Market significance
This collaboration between Gilbane Development and CBRE Investment Management underscores the continued inflow of institutional capital into the student housing sector. By positioning Zaya in close proximity to both the university and key retail centers, the developers are leveraging the steady enrollment numbers at the University of Florida to ensure long-term stability and occupancy. As the project progresses toward its 2027 opening, stakeholders will be closely watching how this influx of premium inventory impacts the overall rental market in Gainesville.

Sources

  • Gilbane and CBRE Investment Launch Leasing for 703-Bed Student Housing Near University of Florida, Global Student Living.

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