Mississippi

Oxford, Miss. — A joint venture between Morgan Stanley Investment Management, through funds managed by Morgan Stanley Real Estate Investing (MSREI), and The Scion Group has acquired a 2,000-bed student housing portfolio located near the University of Mississippi (Ole Miss) campus in Oxford for $262 million. The portfolio is located within two miles of campus and includes 600 apartments, townhomes and cottages. The acquisition of College Town Oxford, a cottage-style community located on the west side of campus, closed earlier this month. The remaining acquisitions — which include a garden-style community …

Starkville, Miss. — TSB Realty has arranged the sale of HELiX Starkville, an 802-bed student housing community located near the Mississippi State University (MSU) campus in Starkville. Columbus Pacific sold the property to a joint venture including Pumphouse Residential Group and WeldenField for an undisclosed price. SPM, an affiliate of PRG and WeldenField, will provide comprehensive property and construction management services for the community. Delivered in 2016, the property offers fully furnished units in a mix of one-, two- and four-bedroom configurations on the southeastern edge of the MSU campus. Shared …

Starkville, Miss. — Tailwind Group and its partners have acquired Campus Trails, a 480-bed student housing community located near the Mississippi State University campus in Starkville. The property features 156 units in two- and four-bedroom layouts. Tailwind plans to implement renovations at the community over the next 12 months, including strategic unit upgrades, repurposing interior and exterior amenity spaces and general property enhancements. Plans also include a rebranding this fall. William Vonderfecht of CBRE brokered the transaction, which marks Tailwind’s fourth student housing acquisition this year. 

Oxford, Miss. — Heritage Properties has acquired The Connection at Oxford, an 816-bed student housing property located at 2000 Oxford Way on the University of Mississippi campus. The 14-building community was developed in 2008 and offers two-, three- and four-bedroom units with bed-to-bath parity. Community amenities include a 24-hour athletic club; game room with billiards; basketball and sand volleyball courts; a clubhouse; private study rooms; a resort-style swimming pool and spa; pet park; computer lounge; barbecue areas; and a picnic area with a gazebo and fire pits. Teddy Leatherman, Stewart …

Starkville, Miss. — Centurion Property Group has acquired Aspen Heights Starkville, a 958-bed student housing community located near Mississippi State University in Starkville. Built in 2014, the property offers a mix of two-, three-, four- and five-bedroom, cottage-style units with bed-to-bath parity. Shared amenities include a resort-style swimming pool, basketball court, sand volleyball court, fitness center, yoga room, game room and a movie theater. The property will be rebranded The GRAND at Starkville and is set to undergo capital improvements including the addition of a new pet park and hammock …