In March 2016, a wholly-owned affiliate of Municipal Acquisitions purchased the Grand Campus student housing facility. As part of the transaction, Municipal Acquisitions funded the construction of the Carloftis Gardens on the EKU campus. The Carloftis Gardens were completed for the 2016 Homecoming festivities and serve as the centerpiece of the University’s main gate. The gardens were designed and installed by nationally renowned landscape architect Jon Carloftis. These gardens serve as a landmark formal garden providing an entrance way to Martin Hall and greatly enhancing curb appeal on campus.