Water Fountain Residential Secures $23M in JV Equity for Clemson Trainee Real Estate Job

Order Reprints … January 11, 2021 Multifamily real estate advancement company Fountain Residential Allies has actually safeguarded $23.3 million in joint venture equity for the development of Dockside Clemson, a lakefront, 630-bed trainee real estate task offering Clemson College in Clemson, S.C.

Planned to be finished in the fall of 2022, the neighborhood will certainly consist of 200 trainee real estate systems in four-story domestic structures along with 22,164 square feet of very beginning retail. Units will certainly be offered in studio, one-, two-, 3- and also four-bedroom designs averaging 1,206 square feet each. The retail space is planned to consist of 2 restaurants. Amenities will consist of a gym, swimming pool, car park, technology lounge, dock accessibility and also live songs along the lake front.

Jeremy Sain, Teddy Leatherman, Scott Clifton, Stewart Hayes as well as John Gavigan of JLL protected the equity in behalf of Water fountain Residential via CrowdStreet Inc.

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