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Reger Holdings Sells Reign Living To A Top-10 Off-Campus Housing Provider


Friday, May 28, 2021

Cushman & Wakefield Press Release:

Click To Download PDF COLUMBIA, South Carolina, May 27, 2021 – Cushman & Wakefield announced today that the commercial real estate services firm has arranged the sale of Reign Living at the Stadium, a 126-unit, 504-bed student housing apartment community located in Columbia, South Carolina, adjacent to the University of South Carolina’s Williams-Brice football stadium.

Travis Prince, Shawn Lubic and Victoria Marks of Cushman & Wakefield’s Student Housing Capital Markets Group, along with the Cushman & Wakefield Sunbelt Advisory Group, represented the seller, Reign Living, an affiliate of Reger Holdings (www.regerholdings.com), in the transaction. Preiss Co., one of the Top 10 providers of off-campus housing in the nation, acquired the property.

“The property completed construction in fall 2020 and delivered at 99% occupancy, following the initial success with a year two prelease of 99% for fall 2021 by December 2020,” Prince said. “Reign is situated in a highly desirable location adjacent to Williams-Brice Stadium and is one of the closest townhome communities to USC’s campus. This is a Class A investment with the latest amenities in the thriving University of South Carolina market.”

Located at 1105 Shop Road, the property includes 126 units. Amenities include a lazy river with a fire pit, outdoor kitchen with grilling stations, a volleyball court, a resort-style sundeck, private shuttle to campus, a lounge and bicycle storage.

For more information about the property, click on the image to download the Cushman & Wakefield flyer.




 
About Reger Holdings
Reger Holdings is headquartered in Western New York and focuses on commercial and industrial value add real estate investments and quality residential and mixed use development. The firm's expertise and experience has allowed Reger Holdings and its principals to successfully execute on value add real estate strategies and numerous development projects in several markets throughout the United States.