New York City-based Alden Street Capital announced April 2 it purchased the 316-bed student housing complex Dakota Ranch, located at 1818 Old RR 12, San Marcos. The 17-acre community, built in 2002, offers one-, two- and three-bedroom units ranging from 523 to 1,111 square feet. Founded in 2015, Alden Street, in conjunction with its partners, has acquired approximately 5,500 student housing beds. 512-878-2345. www.dakotaranchapartments.com