GTIS Partners and RISE Announce Expansion of Joint Venture with Student Housing Development at Auburn University
NEW YORK, Sept. 25, 2025 /PRNewswire/ -- GTIS Partners LP ("GTIS"), a global real estate investment firm that manages $4.7 billion in gross assets with a focus on residential and industrial investments, and RISE, a real estate development and management company specialized in student housing, are pleased to announce the expansion of their joint venture to develop RISE Auburn, a premiere student housing community servicing the students of Auburn University.
With sustained enrollment growth at Auburn in recent years, the student housing market has tightened substantially due to a lack of new Class A developments with proximity to campus. GTIS and RISE were successfully able to assemble and entitle the 4.3-acre site which is situated approximately half a mile from campus. The project will feature 718 beds across 240 units in a highly amenitized building, offering students structured parking, a full-scale gym, a resort-style pool, a golf simulator, and study lounges.
"We are excited to expand our partnership with RISE and further strengthen our presence at SEC schools," said Casey Chayet, Vice President of Acquisitions at GTIS. "Just as with our Ole Miss development with RISE (Ivy & Elm), RISE Auburn is an opportunity to deliver a best-in-class student housing community in a market we believe will see sustained enrollment growth for years to come. In the new era of Name, Image, and Likeness (NIL) in college athletics, GTIS and RISE will continue to pursue opportunities at universities that excel both academically and athletically."
"Partnering with GTIS again allows us to follow through on our shared commitment to providing high-quality, modern housing where it's needed most," said Ryan Holmes, CEO of RISE. "With RISE Auburn, our goal is to create thoughtfully designed spaces and amenities that make life both easier and more fulfilling for Auburn students."
The project is expected to deliver prior to the 2028-2029 academic year.
About GTIS Partners
GTIS Partners is a global real estate investment firm in the Americas, headquartered in New York with offices in Sa?o Paulo, San Francisco, Los Angeles, Atlanta, Charlotte, Phoenix, Dallas, Houston, Savannah, and Munich. The firm was founded in 2005 and is managed by President and Founder Tom Shapiro and seven other partners. The firm manages $4.7 billion in gross assets and is active across a wide range of real estate sectors including single family and multifamily housing, office, industrial/logistics and hospitality as well as opportunity zone investments. The firm invests at various points in the capital structure including credit, common equity and structured equity. In the US, GTIS has invested in 235 assets across almost 50 unique markets including growth areas such as Miami, Phoenix, Dallas, Houston, Denver, Atlanta, Tampa and Charlotte. In Brazil, GTIS is among the largest real estate private equity firms with holdings including office, residential, logistics, and hospitality investments. Marquee assets developed by GTIS Partners in São Paulo include the Infinity office building and Palácio Tangará, a five-star resort style hotel. For more information, please visit www.gtispartners.com.
About RISE: A Real Estate Company
RISE is a turnkey real estate development, property management, and construction company specializing in student housing, multifamily, active adult, and mixed-use developments. Since its founding in 1995, RISE has successfully developed more than 104 projects nationwide, totaling over 61,000 beds across 26 states. The company is committed to delivering innovative and community-focused developments that enhance the student living experience. For more information, visit www.risere.com.
Media Contacts:
Mary Beth Grover / Keely Gispan
ASC Advisors
(203) 992-1230
mbgrover@ascadvisors.com / kgispan@ascadvisors.com
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SOURCE GTIS Partners
