Raelcorp Acquires Land in Oxford, MS for Luxury Student Housing
DALLAS, February 17th, 2015 – Rael Development Corporation (“Raelcorp”) and RDC Fund IX, Inc. are pleased to announce that they have acquired land adjacent to the University of Mississippi for a state-of-the art student housing development. The site of the upcoming Gather Oxford development is situated directly adjacent to the Campus Walk, the biking and walking trail that connects students to the heart of the Ole Miss campus.
The project will provide students with an exceptional living experience in uniquely designed floor plans and creatively appointed amenities, typical of the Gather student housing brand. Additionally, all units will be fully furnished to ensure comfort at the highest level.
Project construction is expected to be completed in the Spring of 2016.
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 firstname.lastname@example.org.
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.
Karah Rathmell | Director Marketing & Communications
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