Extended
Stay

RREAF established the Extended Stay Hotels Platform in 2019 as a programmatic ground-up development concept designed to meet the growing demand for temporary hotel housing. The Platform targets markets experiencing strong growth driven by industry shifts as well as internal and external migration. Its prototype builds are engineered to maximize revenue streams while minimizing construction costs and timelines.

Direct Investment Opportunities

OVERVIEW

Building with
Concrete Plans

Building on this foundation, the Platform expanded in 2025 through a joint venture with McNeill Economy Hospitality. The partnership, known as MXR Hospitality, was formed to capitalize on the sector’s rapid growth and reposition underutilized properties to unlock additional value in the Extended Stay space.

Current Offerings

Royse City, TX

Capstone Court BTR Residential Community

Property Type: Built-To-Rent

Construction Start: March 2024

Capstone Court is a 149-unit Ground-Up development of a Build-to-Rent Community on +/- 15.96 acres in Royse City, TX, located approximately 30 miles northeast of Downtown Dallas. Highlights include a mix of one bedroom, two bedroom, and three-bedroom floorplans in both duplex and townhome configurations across 50 two story buildings. Amenities include resort-style pool, clubhouse, dog park, and semi-private yards.

Columbia, SC

Rivers Edge at Carolina Stadium

Property Type: Student Housing

Acquisition Date: February 2023

Rivers Edge at Carolina Stadium is a Student Housing property included in RREAF’s extensive Multifamily platform. The 21-acre property is located less than a mile from the University of South Carolina campus and minutes from the football stadium and Columbia’s popular shopping, restaurant, and entertainment districts.

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