Case Study
StateHouse Gaines
Purpose-built student housing, developed and realized at Florida State University.
Deal at a Glance
The Thesis
Why Florida State, and why this site
StateHouse Gaines reflects the selection discipline behind the principals' development record: a flagship university with deep, durable demand. Florida State is a major Power 4 institution with strong, growing enrollment and a housing market where well-located, pedestrian-to-campus supply is scarce. The College Town submarket at FSU is one of the most dynamic with retail shopping, dining and nightlife options for students attending FSU.
From ground-up to fully leased
XXXXX [the build-and-lease-up story: what was developed, the construction approach and timeline, how it leased, and the operational management. This section proves capability, that the principals build and operate, not just allocate. Name the development partner and property manager if they can be named.]
StateHouse Gaines illustrates the approach Society Hill applies today: a flagship university, a supply-constrained market, and disciplined development and exit execution. It is one deal from the principals' complete development record, which includes investments that underperformed as well as those that outperformed, and it is not indicative of the results of any Society Hill fund. The complete track record is available upon request.
StateHouse Gaines was developed and realized through Society Hill Capital Investors I, LLC, a single-investment vehicle sponsored by Society Hill Capital and separate from Society Hill Fund I. Past performance is not a guarantee of future results. All investments involve risk, including possible loss of capital.
See how this strategy works today.
Learn about Society Hill's current student housing fund, or start a conversation with the team.