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Katie Sloan

Innovator-Awards
Conference CoverageNewsTexas

The 14th Annual Innovator Awards Honor Best in Industry

by Katie Sloan

Austin, Texas — Thursday evening, April 25, Student Housing Business presented 28 prestigious Innovator Awards to student housing owners, developers, operators, architecture firms and universities for excellence in student housing development, marketing and operations. More than 130 industry experts judged on more than 120 entries in this year’s contest. The Innovator Awards were presented during the InterFace Student Housing conference at the JW Marriott in Austin, Texas. Look out for more details on the winning projects in the May/June issue of Student Housing Business magazine. Winners are listed by category, project and winning …

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Pattner-PQ
Investment SalesNew YorkNews

KKR to Acquire 10,000-Bed Student Housing Portfolio from BREIT for $1.6 Billion

by Katie Sloan

New York City — Funds managed by KKR have agreed to acquire a 10,000-bed student housing portfolio from Blackstone Real Estate Income Trust Inc. (BREIT) for $1.6 billion.  The portfolio consists of 19 properties located across 10 states in markets including Auburn, Alabama; Tempe, Arizona; Boulder, Colorado; State College, Pennsylvania; and Charlottesville and Petersburg, Virginia. Further details on the properties were not disclosed.  The communities were acquired by BREIT through a joint venture with Greystar Real Estate Partners in 2018. The acquisition was announced in conjunction with Greystar’s larger $4.6 …

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Kinsolving
Architecture and DesignDevelopmentNewsOn-campusTexas

The University of Texas at Austin Completes Renovation of Lounges at Kingsolving Hall 

by Katie Sloan

Austin, Texas — The University of Texas at Austin has completed renovations to the lounge areas of Kinsolving Hall, an all-girls residence hall built in 1958. The five-story community features 19 student lounges that total 8,900 square feet and were redesigned by Pfluger Architects. The first floor lounges were designed to represent a home away from home; the second floor lounges took inspiration from the campus and encourage academic growth; the third floor features theming from the city of Austin; the fourth floor lounge areas encourage collaboration; and the fifth …

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NewsOperationsTexas

Student Quarters Awarded Management of 502-Bed Community Near Sam Houston State University 

by Katie Sloan

Huntsville, Texas — Student Quarters has been awarded management of The Armory at Sam Houston, a 502-bed student housing property located near the Sam Houston State University campus in Huntsville. The six-story community is located at 2257 Sam Houston Ave. and was recently acquired by Time Equities Inc. for an undisclosed price. The property offers fully furnished units in studio, one-, two-, three-, four- and five-bedroom configurations. Shared amenities include a rooftop deck, swimming pool, dog park, fitness center, yoga studio and study rooms.

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Company NewsMichiganNews

Campusville Adds Seven New Maintenance Employees 

by Katie Sloan

Southfield, Mich. — Campusville, a Farbman Group company, has added seven new maintenance employees to support its growing student housing portfolio. The maintenance team will be led by Dustin Sible as maintenance supervisor and includes James Ashley, Paul Baumgras, Matt Edwards, Brendan Hook, Charlie Weiss and Jeremy Whiting as technicians. “Adding these talented individuals to our team marks a significant step in our efforts to enhance the residential experience at our Campusville properties,” says Andy Farbman, CEO of Southfield, Michigan-based Farbman Group. “Their expertise will be instrumental in maintaining the …

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Bayless
Company NewsNewsTexas

Bill Bayless Returns to Student Housing Industry, Forms Maslow’s Campus Communities

by Katie Sloan

Austin, Texas — Bill Bayless, co-founder of American Campus Communities (ACC), has returned to the student housing industry with the formation of Maslow’s Campus Communities. During his career, Bayless has been involved in more than $30 billion worth of student housing transactions, including more than $8 billion in ground-up development. He retired from the position of vice chair at ACC in April 2023 after leading the company as CEO for 20 years.  With the formation of Maslow’s Campus Communities, Bayless is looking to once again build a best-in-class brand to …

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East-Village
NewsNorth CarolinaOperations

The Preiss Co. Awarded Management of Seven Communities in North Carolina, Texas 

by Katie Sloan

Raleigh, N.C. — The Preiss Co. (TPCO) has been awarded management of seven communities in North Carolina and Texas. New assignments include the 732-bed East Village and 96-bed Blue Hill Apartments communities, both located in Charlotte; The Lookout, a 48-bed property located in Chapel Hill, North Carolina; Madera, a 504-bed community located in San Antonio; The Province, a 696-bed development located in Greensboro, North Carolina; Green Spring Apartments, a 52-bed property located in San Marcos, Texas; and Sparq on Rio, a 388-bed community located in Austin, Texas. The Raleigh, North …

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Capstone-Jordan
AlabamaCompany NewsNews

Capstone Development Partners Hires Jordan Gaston as Vice President, Head of Workforce Housing 

by Katie Sloan

Birmingham, Ala. — Capstone Development Partners has hired Jordan Gaston as vice president and head of the Birmingham-based company’s workforce housing division. Gaston previously served as director of finance in Capstone’s finance division from 2016 to 2021. During that time, he led the structuring of ownership and financing for $1 billion in on-campus and off-campus student housing and mixed-use developments. Gaston most recently served as vice president with Citigroup’s public finance department. “Escalating rents and housing shortages continue to challenge our college and university partners in their efforts to provide …

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Aspire-A&M
DevelopmentNewsTexas

Joint Venture to Break Ground on 873-Bed Community Near Texas A&M University 

by Katie Sloan

College Station, Texas — A joint venture between Harrison Street, The Dinerstein Cos. and Up Campus Student Living is set to break ground on an 873-bed student housing development located near the Texas A&M University campus in College Station. Dubbed Aspire A&M, the community will be situated within the city’s Northgate neighborhood and will rise 19 stories. The property will include 11,000 square feet of ground floor retail space and a 718-space parking garage. Shared amenities are set to include two rooftop swimming pools, fitness facilities, study rooms, a theater …

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Company NewsNews

The Dot Group Acquires European Third-Party Operator CRM Students, Adds 27,000 Beds

by Katie Sloan

London — London-based The Dot Group has acquired European third-party student operator CRM Students from CORESTATE Capital Holdings for an undisclosed price. CRM Students’ portfolio includes over 100 properties spanning 27,000 beds in seven countries. CRM and its subsidiaries in the UK and Europe will become part of the broader Dot Group, operating as a white-label solution alongside Yugo, the company’s third-party management arm. The acquisition extends The Dot Group’s global footprint into four new European markets of Austria, Italy, Poland and Portugal, bringing its total portfolio to 80,000 beds.

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