MSU and Greystar to revive residential expansion in Mississippi
What happened
The Board of Trustees of Mississippi Institutions of Higher Learning approved a second phase for the College View project at Mississippi State University (MSU). This expansion will add 527 beds to house upperclassmen. The project, which began in 2018, is a mixed-use residential development that was previously stalled.
From cdispatch.com
Why it matters
The public-private partnership allows MSU to expand housing capacity without assuming debt or issuing bonds, as the development was financed and managed by EDR College View MS, an affiliate of Greystar Real Estate Partners. This arrangement is noted as the first of its kind in Mississippi.
From cdispatch.com
Who's involved
- Greystar Real Estate PartnersDeveloping the mixed-use residential property through a lease agreement with MSU.
- MSULeasing land to Greystar Real Estate Partners for the residential development.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Greystar Real Estate PartnersSpeculative
The expansion might increase asset value and revenue potential for Greystar Real Estate Partners.
- MSUSpeculative
MSU could secure a non-debt revenue stream from the development.
- MississippiSpeculative
Mississippi may benefit from the public-private partnership avoiding state debt.
Keep exploring
The entities involved
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Mississippi
state of the United States of America
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Greystar Real Estate Partners
real estate investment firm
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MSU
Slovak company
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