Mississippi

Oxford, Miss. — Seven Hills Realty Trust has provided a $42 million bridge loan for the refinancing of The Domain at Oxford, a 642-bed student housing property located near the University of Mississippi (Ole Miss). Newmark arranged the three-year loan on behalf of the borrower, Sausalito, California-based Shore to Shore Properties Inc. The loan features two one-year extension options. Located at 2002 Oxford Way, The Domain features 216 one-, two- and four-bedroom apartments, each furnished with a 43-inch TV. According to Apartments.com, the gated community was built in 2016 and features …

0 FacebookTwitterLinkedinEmail
Campus-Trails_Starkville-Miss[98]

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. 

0 FacebookTwitterLinkedinEmail
Miss-State-Res-Hall

Starkville, Miss. — Mississippi State University has announced plans for an $80 million residence hall development on its campus in Starkville. The five-story community will span 155,000 square feet and offer 400 beds. The development is also set to include a dining hall, offices, a storm shelter and shared amenity spaces. The development team for the project includes Roy Anderson Corp. and Wier Boerner Allin Architecture. Construction is expected to begin in February with completion scheduled for spring 2025. 

0 FacebookTwitterLinkedinEmail

Starkville, Miss. and Greenville, N.C. — Nitya Capital has acquired two student housing communities in Mississippi and North Carolina. The properties offer a total of 1,829 beds. In the first transaction, Nitya acquired an undisclosed property in Starkville, Mississippi, from FPA6 The Pointe. In the second transaction, the company acquired an undisclosed community in Greenville, North Carolina, from a major investment management firm. Further details were not disclosed. 

0 FacebookTwitterLinkedinEmail
Connection-Oxford

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 …

0 FacebookTwitterLinkedinEmail
Wellington-Place

Oxford, Miss. — Greysteel has secured the refinancing of Wellington Place, a 154-bed student housing community located near the University of Mississippi in Oxford. Griffin Papaila and Daniel Hartnett of Greysteel placed the 10-year, fixed-rate financing through Freddie Mac on behalf of an undisclosed borrower. The non-recourse loan features a 70 percent loan-to-value ratio. The community was built in 2019 and offers three- and four-bedroom, townhome-style units. Shared amenities include a five-acre lake with a large dock; an infinity swimming pool with a large hot tub and cabanas; a 10,000-square-foot …

0 FacebookTwitterLinkedinEmail
Aspen-Starkville

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 …

0 FacebookTwitterLinkedinEmail
109-Tower

Oxford, Miss and Miami — Tailwind Group has acquired two student housing communities in Mississippi and Florida. Acquisitions include The Quarters at Oxford, a 636-bed, garden-style community located adjacent to the University of Mississippi; and 109 Tower, a 16-story community located near the Florida International University campus in Miami. Both properties were purchased from Greystar in transactions brokered by Ryan Lang of Newmark. Capital improvements are planned for both communities. “We are excited to add two additional properties to our student housing portfolio to close out the year,” says Michael …

0 FacebookTwitterLinkedinEmail
Revelry

Starkville, Miss. — Construction is underway on Revery, a 284-bed student housing development by Spectra Student Living near Mississippi State University in Starkville. The community will consist of eight, three-story buildings offering studio, one-, two- and four-bedroom floor plans in townhome- and garden-style units. Shared amenities will include a clubhouse, YouTube/podcast studio, state-of-the-art computer lab, private study areas, a swimming pool, outdoor social lounge and a grilling area. The project is scheduled for completion ahead of the 2022/2023 academic year. 

0 FacebookTwitterLinkedinEmail
Vista-MSU

Starkville, Miss. — Student Quarters has acquired The Vista, an 820-bed student housing community located near Mississippi State University in Starkville. Sean Baird and Jonathan Holt of Colliers brokered the off-market transaction. IMS Properties sold the community for an undisclosed price. The Vista offers one-, two-, three-, four- and five-bedroom units. Shared amenities include a resort-style swimming pool with poolside cabanas, a 24-hour fitness center, dog park, yoga studio, game room, lounge and electric vehicle charging stations. The property also features 5,137 square feet of ground floor retail space. 

0 FacebookTwitterLinkedinEmail
Newer Posts