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 …

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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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West Lafayette, Ind. — Champion Real Estate Co. has acquired Salisbury Campus Apartments, a student housing community located near the Purdue University campus in West Lafayette. The property spans five buildings located at 300, 310 and 318 Salisbury St. and 229 and 235 Littleton St. The community offers 290 beds across 85 units and will be rebranded Victory on Salisbury. Purdue currently occupies the property under a master lease, which expires in 2025. Upon expiration, Champion Salisbury, a subsidiary of Champion, will begin renovations to the community. Scott Clifton of …

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West Lafayette, Ind. — Granite Management has appointed John Rabold to the role of president. Rabold joined the West Lafayette, Indiana-based company five years ago and has worked various positions in sales, operations, marketing and accounting. “We’re thrilled to welcome John Rabold as president,” says CEO Brent Gutwein. “His diverse background and community commitment align with our growth vision. I’m confident in John’s ability to lead, innovate and enhance client relationships as we embark on this exciting chapter.”

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Bloomington, Ind. — Greystone Monticello has provided a $36.3 million bridge loan for a 226-unit student housing property in Bloomington. Greystone intends to transition the asset to a permanent exit with a HUD-insured green financing. Michael Zukerman and Adam Lipkin of Greystone originated the loan. Borrower information was not provided. The Greystone Monticello joint venture provides a wide range of bridge financing options in the multifamily and seniors housing industries.

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West Lafayette, Ind. — Subtext has broken ground on a 449-bed student housing development located near the Purdue University campus in West Lafayette. The community will span 245,700 square feet at 143 W. Wood St., just outside the southeastern edge of the university’s campus. The property is set to offer one-, two-, three- and four-bedroom, fully furnished units with bed-to-bath parity. Shared amenities will include a coffee bar, club room, study rooms, a fitness center, pet grooming area, swimming pool, spa and dog run. The project is scheduled for completion …

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Lafayette, Ind. — Trinitas Ventures has hired William Swiderski as senior vice president of accounting, financial planning and analysis and tax. Swiderski has 25 years of experience in accounting and investment management in commercial real estate. Prior to joining Trinitas, Swiderski served as the head of fund finance for DWS Group. “It gives me great confidence to know that Bill, a seasoned commercial real estate professional, is stepping into this role,” says Loren King, CEO of the Lafayette, Indiana-based firm. “He has a comprehensive understanding of best practices from great …

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Muncie, Ind. — Redstone Residential has acquired The Haven Apartments, a 674-bed student housing community located near the Ball State University campus in Muncie. The community offers a mix of two-, three- and four-bedroom units with bed-to-bath parity. Shared amenities include two outdoor basketball courts, a 24-hour fitness center, tanning bed, swimming pool, television lounge, clubhouse and fire pit. The seller and terms of the transaction were not disclosed. “Purchase, renovation and long-term hold of this vintage of apartment deals is my favorite thing to do — old enough to …

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Athens, Ga. — Landmark Properties has completed the development of 10 student housing properties valued at $2 billion ahead of the fall 2023 semester. The portfolio is the largest to be delivered off-campus in a single year, according to Landmark, and accounts for one-fourth of all student housing deliveries this fall. The portfolio, which offers a total of 8,195 beds, includes:  The Standard at College Park, a 951-bed community located two blocks from the University of Maryland campus in College Park. The property offers units in studio through five-bedroom configurations, …

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Lafayette, Ind. — Trinitas Ventures has hired Nick Drummond as senior vice president of property management and operations. In his new role, Drummond will ensure the operational and financial success of the Lafayette, Indiana-based company’s portfolio, which includes student housing, build-to-rent, conventional and multifamily properties. Drummond brings over 20 years of student housing experience to the position, most recently serving as regional vice president of operations with Landmark Properties. “Nick’s extensive property management experience and leadership in student housing will be a great addition as we continue to grow our …

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