Westchester, Florida

Florida International University Student Housing Project

In February of 2026, Provident proudly partnered with Florida International University on its Student Housing Project (Casa Properties), scheduled to open in Fall 2028.

297 Units
820 Beds
37,084 Sq. Ft. Amenity Space including Rooftop Pool and Fitness Center | Parking Garage with 433 Spaces
Cost
$241,206,954
Role
Owner | Borrower
Project Site
Development Team
Affiliate

Project Completion
and Impact Overview

Once completed, the Project will offer new off-campus affiliated housing in close proximity to the University’s School of Engineering and Main Campus, a cost-effective option for students in an increasingly expensive South Florida market, garaged parking, first class amenities, and FIU residence life programming.

Financing

In February 2026, Provident and Florida International University reached financial close on the University’s student housing project. To finance the project, $241.2 million in senior and subordinate revenue bonds were sold by J.P. Morgan and KeyBanc through Miami-Dade County Industrial Development Authority as the issuer. The Project will be owned by PRG – Casa Properties LLC.

Development &
Management

The Co-Developers on the Project are WFHP LLC and RAL Companies & Affiliates. Management of the student housing project will be provided by GREP Southeast LLC, a subsidiary of Greystar.

Community Impact

The FIU Student Housing Project, owned by Provident, supports the University’s growth while contributing to the vitality of South Florida. By providing modern, off-campus housing, the project enhances student life, promotes academic success, and stimulates local economic activity. Provident is proud to serve as a key component in a development that benefits both the University and the surrounding community.