Akron, Ohio — Campus Advantage has been awarded management of University Edge, a 578-bed student housing community located near the University of Akron in Ohio. The property is owned by LRC Realty and offers two-, three- and four-bedroom units with bed-to-bath parity. Shared amenities include a clubhouse, study space, outdoor gathering and grilling areas, a state-of-the-art fitness center, tanning domes, and a community room with billiards, gaming stations and television. The property also features ground floor retail space occupied by tenants including Chipotle Mexican Grill, Penn Station East Coast Subs, …
The July 20 webinar “The Rise of TikTok — How Student Housing Operators Can Generate Leases with TikTok“ hosted by Student Housing Business and sponsored by Conversion Logix, focused on the best ways for student housing operators to connect with prospective residents through the short-form video social media platform. Get a crash course in TikTok, why it’s growing in popularity, the benefits of running ads on the platform and information about what to expect when creating ads to generate interest in student housing. Converting social media views and interactions into leases can …
Choosing a roommate, like many other things, has gone digital. “These days, ‘there’s an app for that’ really is the mantra,” says Katrina Pawvluk, director of housing operations at North Carolina State University in Raleigh. Housing officials like Pawvluk and the students she serves couldn’t be happier about this addition to the tech rolodex. It’s yet another way to personalize, customize and add value to the on-campus living experience — precisely what technology is supposed to do in student housing. “Gathering student input on all aspects of processes, programs and …
Chicago — CA Ventures’ in-house purpose-built student accommodation (PBSA) management arm, Novel Student, has been awarded management of five student housing communities located across England and Scotland. Together, the five properties total 1,823 beds, expanding Novel’s operations to more than 2,800 beds across nine properties. New assignments include Hillside House in Sheffield, England; Bridle Works in Glasgow, Scotland; Silk Mill in Edinburgh, Scotland; Riverside in Canterbury, England; and Altura in Birmingham, England. The Chicago-based company’s European team also plans to deliver 1,000 beds across Leicester, Edinburgh and Belfast ahead of …
Having completed the first full school year without a major interruption to the traditional classroom setting since March 2020, student housing operators are preparing for a leasing season without COVID-19 uncertainty taking center stage. Given that multifamily technology platform RealPage pegged average U.S. occupancy at a record high of 94.1 percent in the fall of 2021, repeating that performance would signal a continuing strong recovery for the sector. Joe Goodwin, senior vice president of strategic analytics and research with Asset Living, anticipates that this fall’s occupancy rate will rival last …
Birmingham, Ala. — Coastal Ridge Real Estate has been awarded management of Ascend Five Points South, a 520-bed student housing property located near the University of Alabama at Birmingham. The property was developed by by Opus Development and offers studio to four-bedroom, fully furnished units. Shared amenities at the community include a rooftop swimming pool, 24-hour fitness center, game room, study lounges, outdoor grilling stations, a relaxation room with a sauna and on-site scooter rentals. The property was 92 percent occupied at the time of assignment.
The April 28 webinar “Creating an Inclusive Housing Experience for Students with Technology,” hosted by Student Housing Business and sponsored by StarRez, discussed how students can find success and feel more at home with tech-savvy housing options. Accommodating accessibility needs (including service animal tracking), gender-inclusive housing options and tech for roommate matching were just some of the topics in this brief webinar on how to make the process of student housing more successful for students and operators. Click to hear more about these topics and more: Gender-inclusive housing (and how to promote it …
Lexington, Ky. — Campus Life & Style (CLS) has been awarded management of The Lex, a 649-bed student housing community owned by William Fideli Investments (WFI) near the University of Kentucky. Built in 2008, the recently-renovated property offers a mix of one-, two-, three- and four-bedroom units. Shared amenities include a 24-hour fitness center, dog park, business center, community grills, on-demand fitness classes, a newly updated clubhouse and game lounge, outdoor fireplace and kitchen, resort-style swimming pool and a yoga studio. This is the third management deal awarded to CLS …
The March 24 webinar “Increase Student Housing NOI & Equity Value with Water-Leak Mitigation Technology,” hosted by Seniors Housing Business and sponsored by Sensor Industries, focused on how monitoring systems and leak sensors can play a key role in reducing water costs, alerting student housing staff to leak issues and conserving water for on- and off- student housing communities. Host David Duckwitz, CEO of Sensor Industries, used case studies to illustrate how network-connected toilet and flood sensors can give insight to water use on a regular basis and can sound the alarm if flooding occurs. …
Lafayette, La. — Alpha Management Partners has been awarded management of Campion at Lafayette, a 595-bed student housing property located near the University of Louisiana at Lafayette. The community offers one-, two-, three-, four- and five-bedroom fully furnished units with bed-to-bath parity. Shared amenities include a resort-style swimming pool and lazy river, dog spa, smart home technology, valet trash and a jogging trail. “We are thrilled to have been given this opportunity to manage this asset again, it speaks volumes of our management approach,” says Michael Davis, CEO of Alpha …