Provo, Utah — The properties are located in Utah, California and Oregon and total approximately 1,436 beds.
Redstone Residential has been selected as the management of three student housing properties beginning January 2015. The properties are located in Utah, California and Oregon and total approximately 1,436 beds. The properties are The Riviera (Provo, Utah), serving Brigham Young University students; Capri Apartments at Eugene (Eugene, Oregon), serving students at University of Oregon; and Capri Apartments at Isla Vista (Isla Vista, California), serving UC Santa Barbara. The Capri properties in Oregon and California are owned by MJW Investments and MHE Enterprises. The Riviera is owned by an institutional investor from Utah. The property, built in the 1960s, will be undergoing a down-to-the-studs renovation in every unit throughout the next two years.