ATLANTA, GA (July 30, 2012) – Carter, a leading development, investment and advisory services firm, and Chance Partners, a fully integrated, award-winning real estate firm, today announce plans to develop The Highlands, a $39-million student housing community at the University of Mississippi in Oxford, Miss.
Carter will serve as master developer of the new mixed-use development, which will provide approximately 750 beds for Ole Miss students by July 2013. This is the first joint-venture project between the two Atlanta-based development companies.
Carter Senior Vice President, Andy Feinour (lower right photo), believes Oxford is an ideal market forthis new prototype.
“Based on current and projected record-setting enrollment numbers at Ole Miss, existing market demand, aging inventory, and Oxford’s strong rental and occupancy rates, now is the perfect time -- and Oxford is the perfect market to introduce this unique student housing concept,” Feinour says.
“Students in Oxford and many other university markets across the country want a high-quality, amenity-rich place to live, and we’ll deliver that better than it’s ever been done before.”
For a complete copy of the company’s news release, please contact:
Tony Wilbert
Wilbert News Strategies
404-965-5022/ 404-405-3656
Housing projects will always do good for some people. I just hope that there are enough housing projects for all of those who need them.
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