Oculus Capital Group Plans Phase II Development at University Village @ Slippery Rock ("UV@SR")

Oculus Capital Group plans to develop Phase II of UV@SR consisting of 5 buildings totaling 44 units and 152 beds.

2012-02-06

WASHINGTON, DC, February 06, 2012 (Press-News.org) Oculus Capital Group ("OCG"), a multifamily and student housing owner and developer, has announced plans to develop Phase II of University Village @ Slippery Rock ("UV@SR"), located one-eighth of a mile from Slippery Rock University in Slippery Rock, PA. Phase II will consist of 5 buildings totaling 44 units and 152 beds. The units will consist of three-bedroom, three-bathroom and four-bedroom, four-bathroom units. All units will be equipped with stainless steel appliances, brushed nickel fixtures, leather furniture, full-size washer and dryer, vinyl plank wood flooring, and hardwood cabinetry. OCG also plans to add some additional amenities for use by the entire property. OCG expects to break ground by June 2012.

Phase I of UV@SR is a Class A+ student housing property consists of 200 units and 632 beds. OCG recently spent $1.1 million on capital improvements on the property, including an enclosed outdoor kitchen with hot tub, new basketball and volleyball courts, and a complete renovation of the clubhouse. Phase I offers two-bedroom, two-bathroom and four-bedroom, four-bathroom units. All units are equipped with stainless steel appliances, brushed nickel fixtures, leather furniture, full-size washer and dryer, and hardwood cabinetry. The property is currently 100% leased for the 2011-2012 academic year.

According to Chris Feeley, OCG's President and Managing Principal, "the Phase II land was part of our original acquisition, and we are excited about starting construction by mid-year 2012. This will be a great addition to our existing property and the SRU community."

According to Anthony Magnelli, UV@SR Property Manager, "UV@SR is already the premier student housing property in the SRU market; but the development of Phase II will set us even further apart from our competitors and reinforce our commitment to providing the best student living experience in Slippery Rock."

Founded in early 2010, OCG is a multifamily owner and investor (market rate apartments and student housing) headquartered in Washington, DC. The firm focuses on acquiring apartment properties along the East Coast, and student housing properties at universities with a student population in excess of 10,000 students. OCG acquires or invests in multifamily properties (apartments and student housing) on behalf of high net worth and institutional investors.

For further information, please contact Christopher Feeley, President and Managing Principal of OCG at (202) 776-7759.

Website: http://www.oculuscapitalgroup.com

ELSE PRESS RELEASES FROM THIS DATE:

Craigslist Buy Lands Director at Cinequest

2012-02-06

Craigslist, the go-to website for finding jobs, housing and deals, offered an unexpected opportunity for LA director Ryan Sage and Chicago writer Dale Zawada to realize their dream of making a movie. "Worth the Weight," the story of one man's quest to find love while on the challenging journey of major weight loss, will have its World Premiere at San Jose's Cinequest film festival Friday, March 2nd, capping off a year long production that began with a short post on Craigslist and culminating with the writer and director meeting in person for the first time at ...

The Container Store to Open Six New Locations in 2012, Including Firsts in Las Vegas and Long Island; Test ATHOME Program

2012-02-06

The Container Store, the nation's originator and leading retailer of storage and organization products, today announced it will open six locations in 2012, making this the largest real estate growth year in the company's history and bringing the company's store count to 59 by year's end. The new stores will generate more than 400 jobs with additional job growth planned across other areas of the retailer's business. The new stores will be located in Arlington, TX., Las Vegas, El Segundo, Calif., Peabody, MA., and Westbury, NY, with a sixth location still being finalized. ...

Birth after cancer treatment with removal and storage of ovary

2012-01-30

For the first time in Germany, a woman has given birth to a child after removal and preservation of tissue from one of her ovaries. This course of action was necessary to avoid infertility owing to chemo- and radiotherapy. Andreas Müller and his colleagues report the case in the current issue of Deutsches Ärzteblatt International (Dtsch Arztebl Int 2012; 109[1-2]: 8-13). The majority of young female patients who need radio- or chemotherapy for treatment of a tumor express concerns about fertility. The retransplantation of frozen (cryopreserved) ovarian tissue is an experimental ...

New therapeutic target to combat liver cancer discovered

2012-01-30

Researchers at CIC Biogune, the Cooperative Centre for Research into Biosciences and led by Dr. Maria Luz Martinez Chantar, have found a strong relationship between high levels of Hu antigen R (HuR) protein and the malignancy of Hepatocellular Carcinoma, through a novel molecular process in the investigation of this pathology and known as neddylation. The project provides new opportunities for making advances in the quest for personalised therapeutic applications in the treatment for Hepatocarcinoma. Hepatocellular Carcinoma (HCC) is the cause of most liver cancers, the ...

Study: Diabetes affects hearing loss, especially in women

2012-01-30

DETROIT – Having diabetes may cause women to experience a greater degree of hearing loss as they age, especially if the metabolic disorder is not well controlled with medication, according to a new study from Henry Ford Hospital in Detroit. Women between the ages of 60 and 75 with well-controlled diabetes had better hearing than women with poorly controlled diabetes, with similar hearing levels to those of non-diabetic women of the same age. The study also shows significantly worse hearing in all women younger than 60 with diabetes, even if it is well controlled. Men, ...

System to deliver organ transplant drug -- without harmful side effects

2012-01-30

A new system for delivering a drug to organ transplant patients, which could avoid the risk of harmful side effects, is being developed by scientists at the University of Strathclyde in Glasgow. The drug, cyclosporine (CsA), is widely used in transplant operations and helps prevent the patient's body rejecting the organ but it can cause adverse drug reactions, of which the most serious problems are kidney and liver damage, in the doses which are currently administered in the long term. The gap between a safe, effective dose of the treatment and a toxic dose is extremely ...

Muscling in on MS

2012-01-30

Multiple sclerosis (MS), a neurodegenerative disease, causes periodic attacks of neurologic symptoms such as limb weakness and mobility defects. And while MS patients' walking abilities and muscle strength are examined on a regular basis, doctors have yet to determine when the lower limb muscles begin to deteriorate. That's important because with earlier identification of mobility problems, doctors would be able to implement early intervention programs that could make all the difference for those with MS. Now, Dr. Alon Kalron and his fellow researchers from Tel Aviv ...

Cosmology in a Petri dish

2012-01-30

Scientists have found that micron-size particles which are trapped at fluid interfaces exhibit a collective dynamic that is subject to seemingly unrelated governing laws. These laws show a smooth transitioning from long-ranged cosmological-style gravitational attraction down to short-range attractive and repulsive forces. The study by Johannes Bleibel from the Max Planck Institute for Intelligent Systems in Stuttgart, Germany, and his colleagues has just been published in the journal EPJ E¹ . The authors used so-called colloidal particles that are larger than molecules ...

ASH opposes mandatory sickle cell trait screening for athletics, recommends training interventions

2012-01-30

(WASHINGTON, January 26, 2012) – The American Society of Hematology (ASH), the world's largest professional society concerned with the causes and treatment of blood disorders, today issued a policy statement opposing mandatory screening of athletes for sickle cell trait as a prerequisite to athletic participation and urging athletics programs to adopt universal preventive interventions in their training programs to protect athletes from exertion-related illness and death. ASH's position is in direct contrast to a policy enacted in 2010 by the National Collegiate Athletic ...

Mutated Kras spins a molecular loop that launches pancreatic cancer

2012-01-30

HOUSTON — Scientists have connected two signature characteristics of pancreatic cancer, identifying a self-perpetuating "vicious cycle" of molecular activity and a new potential target for drugs to treat one of the most lehal forms of cancer. The research, reported in the journal Cancer Cell and led by scientists at The University of Texas MD Anderson Cancer Center, connected the molecular dots between: Mutated versions of Kras, a gene that acts as a molecular on-off switch but gets stuck in the "on" position when mutated. Heightened activity of a protein complex called ...

LAST 30 PRESS RELEASES:

LHAASO uncovers mystery of cosmic ray "knee" formation

The simulated Milky Way: 100 billion stars using 7 million CPU cores

Brain waves’ analog organization of cortex enables cognition and consciousness, MIT professor proposes at SfN

Low-glutamate diet linked to brain changes and migraine relief in veterans with Gulf War Illness

AMP 2025 press materials available

New genetic test targets elusive cause of rare movement disorder

A fast and high-precision satellite-ground synchronization technology in satellite beam hopping communication

What can polymers teach us about curing Alzheimer's disease?

Lead-free alternative discovered for essential electronics component

BioCompNet: a deep learning workflow enabling automated body composition analysis toward precision management of cardiometabolic disorders

Skin cancer cluster found in 15 Pennsylvania counties with or near farmland

For platforms using gig workers, bonuses can be a double-edged sword

Chang'e-6 samples reveal first evidence of impact-formed hematite and maghemite on the Moon

New study reveals key role of inflammasome in male-biased periodontitis

MD Anderson publicly launches $2.5 billion philanthropic campaign, Only Possible Here, The Campaign to End Cancer

Donors enable record pool of TPDA Awards to Neuroscience 2025

Society for Neuroscience announces Gold Sponsors of Neuroscience 2025

The world’s oldest RNA extracted from woolly mammoth

Research alert: When life imitates art: Google searches for anxiety drug spike during run of The White Lotus TV show

Reading a quantum clock costs more energy than running it, study finds

Early MMR vaccine adoption during the 2025 Texas measles outbreak

Traces of bacteria inside brain tumors may affect tumor behavior

Hypertension affects the brain much earlier than expected

Nonlinear association between systemic immune-inflammation index and in-hospital mortality in critically ill patients with chronic obstructive pulmonary disease and atrial fibrillation: a cross-sectio