Raelcorp Breaks Ground in Fayetteville

News Release.

 

DALLAS, July 15th, 2014 – Rael Development Corporation (“Raelcorp”) and RDC Fund VII, Inc. are pleased to announce that construction has begun on the 238-bed luxury student housing development which will serve students of the University of Arkansas in Fayetteville.

 

Gather Dickson is conveniently located just off the vibrant Dickson Street entertainment corridor and also within close walking distance to the University of Arkansas (enrollment size of ~24,500).  The community will be designed to fit Fayetteville’s distinct culture and will feature a full suite of amenities where students can study, relax and express their creative spirit.

 

Project construction is expected to be completed in the Spring of 2016.

 

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About Rael Development Corporation

Rael Development Corporation (Raelcorp) is a privately-held real estate company focused on the development, investment and management of commercial real estate. Founded in 1977, the firm has acquired and developed an array of trophy properties in select markets across the country. The company is guided by its experienced senior leadership along with a dedicated staff of veteran real estate professionals. The company maintains offices in Newport Beach, California and Dallas, Texas. For more information on RaelCorp, please visit the company website at www.raelcorp.com or send us an email at info@raelcorp.com.

 

About RDC U.S. Real Estate Funds

RDC U.S. Real Estate Funds (RDC) are a series of private equity partnerships established by the Principals of Rael Development Corporation, that invest in well located real estate assets in the United States. Investments have included existing value-added multi-family properties, opportunistic retail strategies and ground-up Class A student housing. 

 

Raelcorp Contact:

Karah Rathmell | Director Marketing & Communications

P: (214) 613-4712

E: karah@raelcorp.com

 

 

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