Georgia State University Private Student Housing

This purpose-built, 215 unit student housing project is located on the campus of Georgia State University and in the heart of downtown Atlanta, Georgia. The units range from one to five-bedroom floorplans. The building directly faces the brand new Center Parc Credit Union Stadium (GSU Panthers’ football stadium). The project has anchored the GSU athletics village and led the commercial revitalization of Georgia Avenue and the greater Summerhill neighborhood.

Georgia State University had enrollment of 32,950 students at the Downtown Atlanta campus in 2016. As the university has grown, the dormitory capacity has overflowed, with the university having to find alternative means of hosting on-campus residents, including the use of nearby hotels. Privately owned student housing properties are currently occupied at 95.0% and are expected to stabilize at that level over the next 4 years. Rent growth is forecasted to grow by an average of 3.2% per year through 2020.

The University System of Georgia approved the consolidation of Georgia State and Georgia Perimeter College. The new institution is estimated to have a total of more than 54,000 students. Georgia Perimeter students now have the opportunity to take classes downtown at Georgia State. This has increased the demand for housing at and around GSU’s campus.



This project is located on the campus of Georgia State University and in the heart of downtown Atlanta, Georgia.

Construction Status

The construction project was delivered on time and within budget in August of 2019. The project was 100% leased up upon delivery and fully-stabilized within 6 months at financial and operating performance above plan. Six consecutive quarterly distributions of Net Cash Flow above plan have been delivered to TGE investors – in spite of the negative impacts of the 2020 pandemic upon so many other student housing and rental real estate projects.

Are you an accredited investor?

The EB-5 opportunities offered by Texas Growth Fund are open only to “accredited investors” as defined by United States securities law.

An accredited investor must have one of the following:

  1. Net worth (or joint net worth with the investor’s spouse) of at least $1,000,000 (excluding the value of investor’s primary residence).
  2. Annual gross income in each of the last two years of at least $200,000, and expected gross income in the current year of at least $200,000 (or joint annual gross income with spouse of $300,000).