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Austin, Texas — Development firm Parallel has added Sam Newman as principal. In his new role, Newman will be responsible for pursuing and overseeing development opportunities across the country. He brings over 20 years of development experience to Parallel, after spending 17 years at American Campus Communities, where he served as vice president of development. “We are very excited about Sam joining the team,” says Principal David Pierce. “He will bring his significant expertise and talent coupled with years of industry experience to the Parallel team.” The firm is based in Austin, Texas.