Operations

The-Campbell

Where is third-party management headed? This is a loaded question in 2023. The economic environment alone presents its fair share of challenges. With fewer properties transacting in the student housing sector, operators have been given a slight reprieve from losing [and winning] assignments. But they aren’t resting on their laurels.  Instead, operators are using this time to hone their craft, and there is much to ponder. Which COVID-19 protocols should remain from an on-site perspective? Should they look at centralizing some processes? And how can the implementation of AI help …

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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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ISP Student Housing Zavala quote

Moving in residents for the new school year is typically the most challenging season on a student housing manager’s calendar. In a matter of days, arriving tenants transform properties from a state of anticipatory stillness into a teeming hive of carts, boxes and people eager to settle into their units and connect their devices. “Students are sophisticated, high-volume Internet users,” observes Alfredo Zavala, an account coordinator on Pavlov Media’s account management team. “They expect to be connected to the Internet almost before they arrive.” “An Internet service provider that addresses …

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Soto-House

Chicago — Novel Student, CA Ventures’ purpose-built student accommodation management arm, has been awarded management of three student housing properties totaling 1,121 beds in Spain. New properties under management include Soto House, a community under development near the Public University of Navarra and the University of Navarra in Pamplona; Aller, a community serving students attending the University of Ovideo, Oviedo Art School and ESNE Asturias in Oviedo; and Platina, a student housing property located near the University of Salamanca and Pontifical University of Salamanca in Salamanca. “We are thrilled to …

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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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The April 27 webinar “You Have Eight Seconds: How to Market Student Housing in 2023,” hosted by Student Housing Business and sponsored by Conversion Logix, was driven by questions about how best to appeal to Gen Z: How should student housing owners and operators leverage platforms like TikTok, YouTube and Instagram to get messages in front of students? What does the future hold for automation and AI in student housing? What are the best practices for seamless integration into chat, SMS and email marketing? What trends and values are characteristic of Gen Z’s inclinations? Why do they …

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Scottdale, Ga. — Caliber Living has been awarded management of The Creed Group’s portfolio of ‘Ivy Row’ branded student housing communities. The Ivy Row portfolio currently consists of three properties in Alabama and Mississippi. Two additional Ivy Row communities are scheduled to break ground this summer in Jacksonville, Alabama, and Ruston, Louisiana. “Caliber Living is delighted to provide service to the Ivy Row brand,” says Rick Jones, president of Caliber Living. The Scottdale, Georgia-based company’s Jacob Dzurino was recently promoted to vice president of sales and client services, where one of …

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Stacey Lecocke Asset Living Property Management

In times of slowing economic growth, property owners and developers frequently shift their attention away from expansion to focus on portfolio optimization. In turn, that can put added pressure on property management firms to perform at a high level. At Asset Living, a Houston-based manager of conventional and affordable apartments, build-to-rent communities, active adult and student housing, executives are emphasizing people, processes and technology to ensure that their clients achieve success not just during a slump, but in any economic environment, says Stacey Lecocke, who, as an executive vice president, …

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Elsa Liao TheGuarantors Rent Insurance AI quote

Advanced risk assessments for rent and deposit insurance products are helping a growing number of owners and managers of purpose-built student housing to streamline their businesses. Algorithms and models driven by artificial intelligence (AI) can improve the risk assessment process, indicating factors and patterns tied to the possibility of default. For landlords that accept them, rent and deposit coverage policies take the place of personal guarantors or traditional cash deposits. For typically less than the cost of one month’s rent, renters can purchase a policy that pays their landlord if …

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CLS-StateSide

San Diego — Campus Life & Style has been awarded management of two student housing communities located near San Diego State University. The properties — dubbed StateSide and Monte — are currently under construction by Next Space Development, and will offer a total of 315 beds upon completion. StateSide is expected for completion in August and will offer a mix of two-, three- and four-bedroom units with double-occupancy options available. Amenities at the property will include a fifth floor sky lounge, study spaces, a community kitchen and outdoor lounge space. Monte …

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