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Revery Apartments in Starkville, MS offers a strategic opportunity for investment in student housing. The property features 176 units (284 beds) built in 2022, priced at $15M, with plans for a $3.5M renovation. Challenges like loan default and receivership were resolved through Ivy Capital's intervention. Funding includes $19.88M sourced from debt, LP, and GP contributions. Capital improvements focus on infrastructure, interiors, and amenities. With university-driven demand, tax benefits, and...