Carlyle Group, The

Tallahassee,

Student Housing Business Plan Review

In 2012 The Carlyle Group selected B&D to conduct a third-party review of a business plan related to a Chance Partners, LLC, student housing project named Catalyst. Based on our student housing expertise, we were tasked with assessing all previously developed materials including a market study, facility concept, development budget, and project schedule. We outlined potential market risks for pursuing the property, while also demonstrating how it might be attractive to student tenants. The 402-bed, $25 million student apartment building opened in 2013.