ATLANTA, Dec. 9, 2025 – JLL Capital Markets announced today that it has arranged the sale and financing of Market 100, a 164-unit/532-bed student housing community serving Georgia Southern University in Statesboro, Georgia.
JLL represented the seller, Preiss, and procured the buyer, RDG Student Housing, a division of Redeeming Development Group (RDG). The sale marks RDG’s first student housing acquisition thanks to the leadership of Bobby Child who joined RDG earlier this year as a Managing Director. JLL also worked on behalf of RDG to secure a three-year acquisition loan through Bayview Asset Management.
“The RDG Student Housing team is excited to launch this new platform, built around our commitment to both meaningful student impact and responsible investment. We believe it will generate exceptional value for our investors while enriching the lives of the students who call our communities home,” said Bobby Child, Managing Partner at RDG.
Market 100 is located at 100 Bermuda Run Rd. just 0.30 miles from campus and adjacent to major retailers. The property benefits from the steady demand from the University, which saw enrollment grow by 7% in 2025, with a 26% rise in out-of-state enrollment. In addition to the GSU campus, Market 100 benefits from its proximity to Savannah, about 55 miles away and the new Hyundai Motor Group Metaplant America, only 30 minutes from the property.
Currently 97% occupied, Market 100 offers students two-, three- and four-bedroom floorplans. Units feature walk-in closets, private balconies and patios, washers and dryers, full-size kitchens and bed-bath parity in most units. Residents also have access to the on-site amenities, including a resort-style pool, sand volleyball court, resident clubhouse, fitness center, computer lounge, basketball court, billiards table and entertainment center.
JLL’s Student Housing Capital Markets team representing the seller was led by Teddy Leatherman, Scott Clifton and Kevin Kazlow.
JLL’s Debt Advisory team representing RDG was led by Jayme Nelson and Dan Kearns.
“Student housing represents a compelling investment opportunity driven by fundamental demographic trends and resilient demand patterns,” said Leatherman. “We continue to see new investors, like RDG, broaden their holdings with student housing properties, particularly as we see consistent enrollment growth and limited supply in many markets nationally.”
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Preiss
Preiss is an industry leader and trusted partner in the acquisition, development, ownership, and management of multifamily and student properties nationwide. Founded in 1987 by Donna Preiss, the company has grown significantly while maintaining strong roots in Raleigh, North Carolina. With a vast and varied national portfolio, Preiss prides itself on providing an unparalleled living experience and a best-in-class investment platform.
About Redeeming Development Group
Redeeming Development Group (RDG) is a market leading real estate development and construction company based in Raleigh, North Carolina dedicated to creating flourishing communities. For more information, please visit: www.rdgnc.com.