LRC2 Properties, founded by Luke Chamblee, is a dynamic hospitality and real estate firm with a collective goal of acquiring, repositioning and developing highly sought after hotels, office and retail properties in leading college, urban and suburban markets. LRC2’s mission is to create a portfolio of well-positioned, timeless assets while achieving maximum risk adjusted returns for its partners who are seeking long-term investments.
With specialized divisions, LRC2 Development and LRC2 Management, LRC2 Properties has positioned itself as an industry leader in design, development, and management. LRC2’s most notable projects include Graduate Oxford, The Memphian, Cotton House, and Hotel Indigo. LRC2 properties co-developed and owns Graduate Oxford, a 136-room boutique hotel located on the historic square in Oxford, Mississippi. The Memphian, a Tribute Portfolio hotel, developed and owned by LRC2, is an upscale, 106 room boutique hotel located in Overton Square. Cotton House, Cleveland, a Tribute Portfolio hotel, is a 95-room boutique hotel in the heart of the Mississippi Delta that infuses Southern Hospitality with bold, modern energy; it was developed and is owned and managed by LRC2. Also co-developed, owned, and managed by LRC2, Hotel Indigo is an upscale boutique hotel at the entrance of The University of Southern Mississippi in Hattiesburg. Currently, LRC2 is under construction on The Alamite, a Marriott Tribute Portfolio Hotel in Tuscaloosa, Alabama.