BU Foundation Buys Off Campus Housing

Bloomsburg University has announced that the BU Foundation has completed the purchase of apartments adjacent to the campus in downtown Bloomsburg. The properties, formerly owned and operated by Dr. Willard H. Kile Jr., were added to several existing student-housing and residential real estate locations that the foundation manages through a subsidiary called Advanced Student Housing, LLC. A news release didn’t identify the exact Kile properties purchased, but a website for Advanced Student Housing listed rentals that would be available in August at 415 Lightstreet Road, 3 Country Club Road, 100 S. Penn Street, 235 Catherine St. and several locations on Penn Argyle Avenue. The release say the newly acquired properties will allow the foundation to provide additional scholarship funding to BU students.