PHOENIX, AZ - TSB Capital Advisors, the national leader in student housing and multifamily real estate advisory services, successfully arranged a fixed-rate loan on behalf of Spaces Management to refinance The Walk Starkville, a 249-unit, 531-bed student housing property located next to Mississippi State University in Starkville, Mississippi.
“The Walk is a true triple threat: the newest asset in the market, an exceptional amenities package, and a highly desirable location pedestrian to a Power 4 university with record-breaking enrollment,” said Jacob Mart of TSB Capital Advisors. “We’re proud to continue our strong relationship with Spaces and to work with them on another extraordinary property in their portfolio.”
Delivered in 2023 and located directly across from the southeast edge of the Mississippi State University campus, The Walk is the newest purpose-built student housing development in Starkville. Unit amenities include granite counters, stainless-steel appliances, hardwood-style floors, and full-size washer and dryer. Community amenities feature a resort-style pool, indoor fitness center with yoga studio, spa with sauna and steam room, entertainment courtyard with jumbo TV, multiple lounge areas, and a clubhouse with golf simulator, gaming lounge and private study areas.
“TSB Capital Advisors and Jacob Mart did an exceptional job guiding us through the permanent debt procurement for The Walk Starkville,” said Andy Turner of Spaces Management. “We’re proud to invest in the Starkville community and to support the continued growth and success of Mississippi State University for years to come.”
Spaces Management is a vertically integrated real estate investment, development, and management firm focused on student housing and multifamily assets across the Southeastern U.S. Founded in 2005 and based in Alabama, the firm has delivered institutional-quality assets in university markets through its in-house development, construction oversight, and operations platform. Spaces has extensive experience managing lease-up, stabilized, and value-add student housing properties, with capabilities spanning pre-development, entitlement, marketing, and full-service management. The firm has overseen thousands of student housing beds across multiple university markets and is recognized for its hands-on operational approach and commitment to long-term ownership, value creation, and resident satisfaction.
TSB Capital Advisors is the national leader in student housing and multifamily real estate advisory services, and has offices in Phoenix, Arizona (headquarters), Dallas, Texas, and Paoli, Pennsylvania. Since its creation in 2009, TSB Capital Advisors has helped close over 500 deals and more than $70 billion in student housing and multifamily transactions.