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 …
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 …
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 …
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.
West Lafayette, Ind. — Granite Management has hired Josh Wilson as chief operating officer and promoted Joel Brovont to the role of chief people officer. In his new position, Wilson will spearhead all of the West Lafayette, Indiana-based company’s operations. He previously held positions with Greystar and EdR. As Chief People Officer, Brovont will play a pivotal role in shaping Granite’s approach to talent acquisition, employee development and organizational culture. “We are thrilled to welcome Josh to the Granite family,” says President John Rabold. “His proven track record of driving …
Rochester and Ithaca, N.Y. and Conway, S.C. — Aptitude Development has partnered with mobile app Counslr to provide free mental health support for residents across the firm’s student housing portfolio. The partnership launched at three of Aptitude’s communities on the East Coast and will expand nationwide over the course of 2024. The first three communities to offer Counslr include The Marshall, serving students attending the Rochester Institute of Technology in New York; The Ithaca, serving students attending Ithaca College and Cornell University in New York; and The Pier, serving students attending Coastal …
Houston — The Dinerstein Cos. (TDC) has promoted three employees within the firm’s leadership team. Clay Hicks has been promoted to chief administrative officer. In his new role, Hicks will spearhead efforts to streamline operations and ensure alignment across the Houston-based company’s five divisions. Hicks joined TDC in 2015 as president of apartment management. Additionally, Aryne Bailey and Crystal Jackson have been promoted to executive vice president within the firm’s management division. Together, Bailey and Jackson will jointly oversee the day-to-day operations of TDC’s portfolio, with Bailey focusing on student …
Detroit — Berkadia has announced that Managing Director Aaron Moll will lead the mortgage banking arm of the company’s student housing division. Moll will be based in the firm’s Detroit office and will work with borrowers and lenders in the student housing space, while continuing to partner with the leader of Berkadia Student Housing’s investment sales arm, Senior Managing Director Kevin Larimer. Over the course of his career, Moll has been involved in over $3 billion in loan origination volume. “I’m excited to start this new chapter at Berkadia,” says …
Southfield, Mich. — Southfield-based commercial real estate firm Farbman Group has launched Campusville, a comprehensive student housing property management, maintenance, development, construction and investment sales platform. The firm says it recognizes the need for innovative solutions to meet the changing demands of university living. Campusville’s mission is to enhance the quality of life for students by offering modern accommodations that foster a sense of community and provide convenient access to campus resources and local amenities.
Indianapolis — Jason Taylor has joined The Annex Group as managing partner of the firm’s new public-private partnership (P3) division. Taylor most recently served as vice president of public-private partnerships with American Campus Communities. “Getting into P3 housing aligns with our company’s impact-focused mission,” says Kyle Bach, CEO of the Indianapolis-based company. “We are always looking for opportunities to enter new states and new markets if there is a considerable need for rental housing there. As the trend of increased enrollment continues for many of our nation’s colleges and universities, …
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