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Campus Advantage and Student Quarters Launch Property Management Services Company

by Jaime Lackey

Austin, Texas — Austin-based Campus Advantage and Atlanta-based Student Quarters plan to launch Centricity, a centralized property management support company for student housing and conventional multifamily properties in early March. The joint venture will offer centralized support services for property management firms including:

  • Full-scale property accounting
  • Human resources
  • IT standardization, administration and support
  • Property insurance programs; and 
  • Limited-scope risk management services

“Campus Advantage and Student Quarters have been competitors in the student housing space for more than a decade,” says Mike Peter, president and CEO of Campus Advantage. “While we remain completely separate companies, we saw that the complementary nature of our key support platforms enabled us to instantly scale our operations by combining key functions, such as HR and property accounting. In this format, our respective core property management operations and cultures remain unique, while we join forces to create a central hub for essential community solutions. It’s a win-win and we believe it provides a needed solution to others in the student housing and multifamily industry.”

The company will officially launch on March 4.

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