Huntsville, Texas — Student Quarters has been awarded management of The Armory at Sam Houston, a 502-bed student housing property located near the Sam Houston State University campus in Huntsville. The six-story community is located at 2257 Sam Houston Ave. and was recently acquired by Time Equities Inc. for an undisclosed price. The property offers fully furnished units in studio, one-, two-, three-, four- and five-bedroom configurations. Shared amenities include a rooftop deck, swimming pool, dog park, fitness center, yoga studio and study rooms.
Raleigh, N.C. — The Preiss Co. (TPCO) has been awarded management of seven communities in North Carolina and Texas. New assignments include the 732-bed East Village and 96-bed Blue Hill Apartments communities, both located in Charlotte; The Lookout, a 48-bed property located in Chapel Hill, North Carolina; Madera, a 504-bed community located in San Antonio; The Province, a 696-bed development located in Greensboro, North Carolina; Green Spring Apartments, a 52-bed property located in San Marcos, Texas; and Sparq on Rio, a 388-bed community located in Austin, Texas. The Raleigh, North …
Each year, the academic calendar requires student housing operators to compress revenue generation for the entire year into the nine or 10 months when students most need to rent their product. In that accelerated and ever-changing environment, management teams with the experience, skills and tools to respond quickly are in the best position to manage costs and drive growth. “I like to say that student housing moves in dog years — miss a day and you miss a week; miss a month and you could miss a year,” says Stacey …
Atlanta — PeakMade Real Estate has been awarded management of four student housing properties in Canada totaling 1,555 beds throughout the province of Ontario. The communities under management include Geo Central, a 554-bed student housing development serving Queens University in Kingston; Unity Point and Unity Place, which comprise 309 and 350 beds, respectively, also in Kingston; and Avant, a 342-bed community located across from the Toronto Metropolitan University campus in downtown Toronto. These communities represent the Atlanta-based company’s first international venture. “The expansion into the Canadian market has been the …
Austin, Texas — Asset Living has been awarded management of Texan 26, a student housing property located in the West Campus neighborhood of Austin. Serving students attending the University of Texas at Austin, the property offers two-, three-, four-, five-, six- and seven-bedroom units. Shared amenities include a renovated courtyard with outdoor study space, social seating and a fire pit; coffee bar; and a covered parking garage.
Atlanta — PeakMade Real Estate has been awarded management of 10 student housing communities totaling 6,500 beds. The company was also recently awarded management of four multifamily communities totaling 500 units. The properties are owned by 14 different companies and span nine states, including California, Georgia, Florida, Nevada, Pennsylvania, South Carolina, Texas and Virginia. Five of the student housing projects are currently under development. The portfolio includes Reflection, a student housing community located adjacent to the Georgia State University campus in Atlanta. Further details on the portfolio were not disclosed. …
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 …
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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Why Your ISP Is Key to Smooth Student Housing Turn
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 …
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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