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. River’s Edge has 240 units / 486 beds across a combination of 1-bed, 2-bed, and 3-bed floor plans and offers students a range of amenities including a brand-new clubhouse/game room, fitness studio, study rooms, an outdoor kitchen, dog park, basketball, and volleyball courts, and a resort-style pool.

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Property Type: Extended-Stay Hotel
Construction Start: August 2023

Extended Stay America Premier Suites Smyrna, located outside of Nashville, TN, is the planned development of a 115-key extended-stay hotel situated on +/- 2.63 acres of land. The Property is strategically located across from Nissan’s Smyrna Vehicle Assembly Plant, one of only three Nissan manufacturing facilities in North America. Extended Stay America (“ESA”) is the predominant brand in the mid-priced extended stay hospitality segment with over 650 hotels throughout the U.S. The typical ESA Premier is designed with core amenities to meet the needs of guests who value a comfortable place to stay for a week or longer.

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Property Type: Multifamily Development
Construction Start: Mid-2023

Creekside Crossing Apartments is planned to be a mix of one-, two-, and three-bedroom floorplans across twelve, three-story buildings. The multifamily development will boast luxurious amenities such as a resort-style pool, clubhouse, fitness center, and dog park. Phase I will strictly focus on the construction of a 262-unit apartment complex on nearly 15 acres as well as infrastructure allowing the development of the balance of the Project. Apartment units will feature modern and efficient designs and high-quality finishes, which will support projected rents to be the highest in the already supply-constrained market.

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Property Type: Multifamily & Build-to-Rent single-family residences
Construction Start: Mid-2023

Creekside Crossing Master Plan Development is a 240-acre, multi-phase project located in Kerrville, TX, a central Texas community situated approximately one hour from San Antonio and two hours from Austin. The anticipated development will ultimately include the construction of single-family rental properties, multifamily apartments (Creekside Crossing Apartments), and neighborhood amenity centers and parks.  

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