realestate

Interwest Buys 622-Bed Student Housing in Boise from Intercontinental

Intercontinental Real Estate & Interwest Capital acquire Boise's 175‑unit River Edge student housing, terms undisclosed.

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iver Edge, a 175‑unit student housing complex near Boise State University, has been acquired by Intercontinental Real Estate Corp. and Interwest Capital Group. Built in 2015 on 3.2 acres at 1004 W. Royal Blvd., it offers 622 beds in two‑ and four‑bedroom apartments averaging 1,197 sq ft. Amenities include a fitness center, study rooms, business center, lounge/theater, coffee bar, and 277‑spot parking. The new owners plan a modest renovation: stainless‑steel appliances, modern lighting, new furniture, smart TVs, and key‑less entry to update the units. River Edge is currently 99 % leased for the 2025‑26 academic year.

Interwest acquires 622‑bed student housing in Boise from Intercontinental.