Phillips Acquisitions Buys Two Properties

Ruston, La., and Oxford, Ohio — Privately held firm has been in student housing for 27 years.

Ruston, La., and Oxford, Ohio — Phillips Acquisitions has completed two student housing purchases. The first is University Crossing Apartments serving Louisiana Tech University in Ruston. It is a 552-bed complex built in 2007. It will be managed by Phillips subsidiary, Phillips Property Management. The other property is a 548-bed complex near Miami University in Ohio. Candlewood Terrace Apartments will be renamed Oxford West. Over the past 27 years, Phillips has acquired and managed more than 7,500 beds.

Tagged under