GTIS, RISE to Build 504-Bed Student Housing Community
Scheduled for completion next year, the project will serve the University of Mississippi.
GTIS Partners and RISE have teamed up to develop RISE Oxford Farms, a 504-bed student housing project in Oxford, Miss., serving the University of Mississippi. Completion is slated for the 2026-2027 academic year.
The garden-style development will comprise 216 units. Amenities are bound to include a gym, swimming pool, as well as access to the university’s shuttle stop, among other features.
RISE will lead the property’s development and management. The company delivered upward of 59,000 beds across 26 states. That figure is bound to go up this August when the first phase of RISE’s Residence Halls will expand the University of Tennessee’s inventory by nearly 2,000 beds.
Ole Miss’ propulsion forward
Ole Miss has witnessed substantial enrollment growth in recent years. For the fall 2024 season, more than 27,000 students joined—a figure 11.3 percent higher than 2023’s—according to Yardi Matrix data. Preleasing for the current academic year reached 90.2 percent in December, topping Yardi 200’s charts and nearly doubling the national average of 47.1 percent that month, a Yardi Matrix report shows.
Despite the strong fundamentals, the University of Mississippi suffers from a supply-demand imbalance, according to prepared remarks by GTIS Vice President Casey Chayet. The market faces a tightening student housing environment with a substantial deficit of purpose-built product.
