Bothell, Wash. — Conversion Logix has launched CLiQ, a marketing operating system designed for multifamily and senior living properties. The service will enhance the management and optimization of marketing campaigns using advanced AI-driven tools. “As the multifamily landscape becomes increasingly complex, the need for a centralized system to streamline marketing activities has never been greater,” says Andrew Cederlind, president of the Bothell, Washington-based firm. “CLiQ offers a strategic partnership, empowering marketing leaders to scale their advertising, profitably launch large portfolios, centralize campaign management and uncover critical attribution that goes beyond first …
Seattle — A joint venture between Greystar Real Estate Partners and Provident Resources Group Inc. has secured $183 million in tax-exempt bond financing and completed the acquisition of two student housing communities on the University of Washington campus in Seattle. The communities, Nordheim Court and Radford Court, will now be owned by Provident under a ground lease agreement with the university and will be managed and operated by Greystar. Built in 2003, Nordheim Court offers 454 beds for upper-division students. The community is set to undergo renovations to residential units and …
Seattle — PGIM Real Estate has provided a $53.5 million floating-rate loan to Blue Vista Capital Management for the refinancing of Theory U District, a student housing community in Seattle. Serving students attending the University of Washington, the seven-story property offers 171 fully furnished units totaling 441 beds. Units are offered in studio, one-, two-, three-, four- and five-bedroom configurations and feature bed-to-bath parity. Loan proceeds will be used to refinance the construction loan, covering closing costs and repatriating sponsor equity. Craig Foreman of PGIM Real Estate closed the financing. Shared …
Bothell, Wash. — A public-private partnership between the University of Washington (UW) Bothell, Capstone Development Partners and Harrison Street has completed the development of Phase I of its on-campus Residential Village project. The initial phase of the project included the delivery of two new buildings: Summit Hall and Terrace Dining Pavilion. Summit Hall offers 380 beds of housing for first-year students in double-occupancy units, alongside 14,000 square feet of office space on the ground level for university enrollment services. The 15,000-square-foot dining pavilion seats 485 students and offers multiple dining …
ArkansasDevelopmentFloridaGeorgiaIndianaMarylandNewsOff-campusPennsylvaniaSouth CarolinaTexasWashington
Landmark Properties Completes $2 Billion Student Housing Portfolio for 2023-2024 Academic Year
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, …
Bellingham, Wash. — 11 Capital has sold four student housing properties near Western Washington University (WWU) in Bellingham. PTLA Corp. acquired the communities for a total of $35.4 million. Kevin Larimer, Brandon Buell, Steven Chattin, Mitchell Belcher, Jay Timpani, Chad Blenz and Brandon Lawler of Berkadia represented the seller in the dispositions. Transactions included the sale of WWU – Living Portfolio for $29.2 million. The portfolio consists of 145 units spread across three student housing properties, which were 87 percent occupied at the time of sale: University Heights, a 78-unit/114-bed …
Bothell, Wash. — Conversion Logix, a digital marketing and software agency focused on the multifamily, senior living and student housing sectors, has hired CJ Edmonds as chief revenue officer. Edmonds has more than 25 years of experience with software as a service (SaaS) company management. “We are thrilled to welcome CJ to our organization as our new chief revenue officer,” says Andrew Cederlind, president and COO of the Bothell, Washington-based company. “With decades of management experience in SaaS-based emerging technology companies, CJ brings a wealth of knowledge and a proven …
Seattle — PeakMade Real Estate and Blue Vista Capital Management have completed construction on Theory U District, a 441-bed student housing development located near the University of Washington in Seattle. The seven-story community offers studio to five-bedroom, fully furnished units. Shared amenities include a fitness center, study spaces, a ground-level courtyard and rooftop amenity deck with views of the Seattle skyline. The community opened in September prior to the start of the 2022-2023 academic year. “We are very excited to be a part of the U District community and to …
Seattle — Landmark Properties is set to break ground on The Mark at Seattle, a 500-bed student housing development located near the University of Washington campus. The Athens, Georgia-based company just closed on the acquisition of a development site for the project at 1200 NE 45th St. in Seattle. The community will offer a mix of one- to five-bedroom fully furnished units. Shared amenities will include a 24-hour study lounge, computer lab, fitness center, club room, rooftop deck with a swimming pool and a sauna, alongside 3,300 square feet of …
Seattle and Austin, Texas — Digital marketing firm Conversion Logix has launched TikTok advertising services and a new virtual assistant. The company’s virtual assistant, Claire, offers answers to frequently asked questions 24 hours per day, allowing client’s website visitors quick responses to questions while increasing lead conversions through prompts to schedule a tour or claim offers based on their initial contact. Conversion Logix has offices in Seattle and Austin, Texas.
Newer Posts