TLDR
- Gayle Benson’s venture fund, Benson Capital Partners, has made investments in student accommodations in Atlanta and Dallas.
- The investments were made through a $50 million real estate fund started last year.
Full Article Summary
Gayle Benson’s private investment company, Benson Capital Partners, has recently announced investments in student accommodations in Atlanta and Dallas. The investments were made through a $50 million real estate fund, with $10 million initially from Benson and $40 million from other investors. The Atlanta property, located at 100 10th Street, is a 330-bed student apartment complex near Georgia Tech’s campus in Midtown Atlanta.
In Dallas, Benson invested in the Panhandle at Rayzor Ranch, a 105-unit apartment development located in Denton, home to the University of North Texas and Texas Women’s University. These investments demonstrate Benson’s strategic move to capitalize on growing student populations and demand for student housing in both regions.
Benson Capital Partners has a total of eight real estate investments so far, including three in Louisiana. Keith Schneider, Managing Director of Real Estate at BCP, highlighted the fund’s ability to source deals with leading local partners throughout the Southeast, indicating a continued focus on strategic investments in the region, particularly in Louisiana.
Aside from real estate, Benson also expanded her property interests by acquiring brokerage Corporate Realty two-and-a-half years ago. Through this acquisition, she recently took over the management of two office buildings in New Orleans and Jackson, Mississippi. These latest investments underscore Benson’s commitment to diversifying her investment portfolio and exploring opportunities in different sectors.
