Tuesday, September 6, 2022

JLL Capital Markets closes sale of The Connection at Oxford on the campus of the University of Mississippi.

Teddy Leatherman

DALLAS, TX, Sept. 6, 2022 JLL Capital Markets has closed the sale of the 816-bed / 300-unit The Connection at Oxford located on the campus of the University of Mississippi. The price was not disclosed.

 JLL worked on behalf of the seller, Trimont Real Estate Advisors LLC. Heritage Properties acquired the asset.

  

Stewart Hayes

The JLL Capital Markets Investment Advisory team representing the seller was led by Senior Directors Teddy Leatherman, Stewart Hayes and Scott Clifton. 

 The Seller, 532 Title Way, LLC was represented by Director Mark Cashman and Sr. Associate Scott Groeschell. 

Scott Clifton

The JLL Capital Markets Investment Advisory team representing the seller was led by Senior Directors Teddy Leatherman, Stewart Hayes and Scott Clifton. 

 The Seller, 532 Title Way, LLC was represented by Director Mark Cashman and Sr. Associate Scott Groeschell.

Mark Cashman

Built in 2008, the 14-building The Connection at Oxford features fully furnished one-, two-, three- and four-bedroom units with an average size of 432 square foot per bed.

Units feature full-size washers and dryers, hardwood-like floors, individual bathrooms and large walk-in closets.

 Scott Groeschell

Community amenities include a 24-hour athletic club with stereo and televisions, a game room with billiards, a basketball and sand volleyball courts, clubhouse and private study rooms, a resort-style swimming pool and spa, picnic area with gazebo and firepits, a pet park, computer lounge and barbecue areas.

The 816-bed, 300-unit The Connection at Oxford
 student housing is located at 2000 Oxford Way
on the campus 
of the University of Mississippi.

Situated at 2000 Oxford Way, the property sits on the campus of Ole Miss, a nationally recognized, SEC, Power-5 university with Fall 2021 enrollment of 21,856 students.

 CONTACT:

 

Jenna Sharp

JLL

M +1 214 394 3356

JLL.com

 

EDEN Multifamily Opens New Regional Office in Charlotte, NC and Adds Industry Veteran Scott Phillips

 

Scott Phillips

 CHARLOTTE, NC, Sept. 6, 2022 – Leading developer EDEN Multifamily is poised for significant expansion across key Southeast and Mid-Atlantic U.S. markets. The Florida-based developer just opened a new regional office in the Charlotte area and tapped seasoned industry executive Scott Phillips to lead the effort.

 Phillips, EDEN’s new Senior Vice President – Mid-Atlantic Development, brings more than three decades of commercial real estate and banking experience to the company.

 

He plans to build a team in the coming months as EDEN advances projects in select markets across North Carolina, South Carolina, Tennessee, Georgia and Virginia.


JAY MASSIRMAN

EDEN focuses on developing and delivering innovative, industry leading multifamily communities that serve a wide range of economic sectors. 


Its new office is located at 52A Ervin St. in Belmont, North Carolina – just west of Charlotte.


Jay S. Jacobson

“Scott is the ideal person to oversee our substantial growth plans in a thoughtful fashion,” EDEN President Jay Jacobson said.

 “His vast experience transcends all aspects of real estate acquisitions, development, underwriting, financing and beyond. We are excited to welcome him to the EDEN family.”

 

Prior to joining EDEN, Phillips spent 27 years with Bank of America.


Phillips earned a bachelor’s degree in Business Administration from the University of North Carolina-Charlotte. He is actively involved in numerous commercial real estate organizations, including NAIOP, where he was a past Chairman, ULI and ICSC.

 

“Jay Jacobson and Jay Massirman have truly built something special with EDEN Multifamily,” Phillips said. “I am excited to have the opportunity to play a pivotal role in the continued expansion of the company. I look forward to leveraging my experience and relationships to accelerate EDEN’s ambitious growth plans.”

 

Massirman also co-founded Charlotte-based RKW Residential, one of the fastest-growing multifamily management firms in the nation. RKW oversees leasing and management of many of EDEN’s communities.

  

 

CONTACT:

 

Eric Kalis

Vice President

 BoardroomPR

ekalis@boardroompr.com

O 954-370-8999 

C 305-794-5123

Bank of America Plaza | 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | Twitter | Instagram

 

www.edenmultifamily.com.