Texas

Brian-Bowers

Austin, Texas — American Campus Communities has promoted Brian Bowers to senior vice president of construction management. Bowers joined the Austin, Texas-based company in 2015 as director of development management. In his new role, Bowers will continue to lead ACC’s construction management group and aid in the company’s efforts to increase its development pipeline. Since joining ACC, Bowers has assisted in the execution and delivery of over 15,000 beds. He also played a pivotal role in the development and construction supervision of Flamingo Crossings Village at Walt Disney World Resort. 

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The-Campbell

Houston and Tallahassee, Fla. — Asset Living has been awarded management of two student housing communities in Florida and Texas. New assignments include Vue on MacGregor, a 347-bed community serving students attending the University of Houston in Texas; and The Campbell, located near Florida State University in Tallahassee. Vue on MacGregor offers a mix of fully furnished one-, two-, three-, four- and five-bedroom units. Shared amenities include dedicated study rooms, a swimming pool, two fitness centers, a business center and dog park. The Campbell offers two-, three-, four-, five- and …

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Vue-MacGregor

Houston — JLL Capital Markets has arranged the sale of Vue on MacGregor, a 347-bed student housing community located near the University of Houston campus. Teddy Leatherman, Scott Clifton, Kevin Kazlow and Danielle Ric of JLL represented the seller, Trimont, and procured the buyer, Axonic Properties, in the transaction. Built in 2014, the community was 96 percent occupied at the time of sale. The property offers a mix of fully furnished one-, two-, three-, four- and five-bedroom units. Shared amenities include dedicated study rooms, a swimming pool, two fitness centers, …

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Outpost-San-Marcos

San Marcos, Texas — The Preiss Co. has recapitalized Outpost San Marcos, a 486-bed student housing community located near the Texas State University campus in San Marcos. The property is owned by Preiss through a joint venture with an undisclosed, Los Angeles-based real estate investment firm. The community offers two-, three- and four-bedroom, furnished units with bed-to-bath parity. Renovations are planned for the community, which will total $3.3 million and include updated cabinetry, countertops, flooring and furniture in more than half of the units; exterior updates including the addition of …

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The-Grande

Edinburg, Texas — Asset Living has been awarded management of The Grande, a student housing community located near The University of Texas Rio Grande Valley in Edinburg. The property offers a mix of one-, two- and four-bedroom, fully furnished units with bed-to-bath parity. Shared amenities include a swimming pool, sand volleyball court, clubhouse, fitness center, gaming area, “pet park,” study lounge and computer room. 

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Development-Panel

Austin, Texas — With many markets today saturated with new student housing development, differentiating your project has become of paramount importance. One of the primary ways of doing that is by keeping in touch with the wants and needs of today’s student — and specifically your community’s surrounding demographic.  This was discussed at length at the kick-off panel for InterFace Student Housing, which recently took place in Austin, Texas. In preparation for the panel — titled ‘What’s Trending in New Development: A Survey of 2023 New Deliveries & How Developers and Operators …

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Icon-rendering

Austin, Texas — MDL Group has broken ground on Icon, a 30-story student housing tower in the West Campus neighborhood by the University of Texas at Austin. Hoar Construction is the general contractor for the project, which is set for completion in summer 2025. Icon will house 555 beds across 216 units ranging from one- to five-bedroom layouts. Amenities will include a rooftop pool, fitness center, game and lounge rooms, podcast studio and student workspaces. The project will also feature four levels of below-ground parking. Once completed, Icon will be one …

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Bayless

Austin, Texas — Bill Bayless will retire from American Campus Communities (ACC) effective April 21, nearly 30 years after co-founding the company. Bayless led the company as CEO for 20 years before transitioning to the role of vice chair in 2023, shortly after the firm’s 2022 acquisition by Blackstone.  Bayless led ACC from its start-up through being the largest — and for many years, the only — publicly-traded company in the student housing sector. He was named vice chair earlier this year when Rob Palleschi was hired as CEO.  “Thirty years …

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Post-Totem

Austin, Texas — Post Totem has launched a digital display offering for student housing communities.  The 75-inch displays — which will be placed in high-traffic sites like the mail room, lobby or social gathering spaces — offer an ancillary revenue stream for property owners and operators. The customizable displays can feature content including social media feeds, events, interactive maps and advertisements. These displays are offered for install and launch by Sept. 1.  “We are excited to bring this unique digital network to student housing communities across the nation,” says James …

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Saltus

Lubbock, Texas — McGrath Real Estate Partners has announced plans for The Saltus, a student housing development located near the Texas Tech University campus in Lubbock. The project is named after the city’s namesake, Thomas Saltus Lubbock, and is scheduled for completion in fall 2025. The project will offer one- to five-bedroom units in nine different configurations ranging from 559 square feet to 2,025 square feet. Shared amenities will include a resort-style swimming pool with cabanas; outdoor table tennis; two pickle-ball courts; dog park; corn hole boards; an outdoor amphitheater; and a …

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