ATHENS, Georgia (October 9, 2019) — Landmark Properties, a vertically-integrated student housing developer and owner-operator, was recently awarded contracts to manage 11 properties, adding more than 5,400 beds to its property management portfolio.
The new deals represent a 57% increase in third-party beds under management, bringing the company’s total portfolio to more than 32,000 beds at 60 properties across 21 states.
The new properties under third-party management include:
| Property | Location | Ownership Group | Year Built | Beds |
|
East Main Quarters |
Murfreesboro, Tennessee |
Cider Moon Investments |
2016 |
252 |
|
Sierra |
Corvallis, Oregon |
Washington Mixed Use LLC |
Opening Fall 2020 |
689 |
|
The Pier at Clemson |
Clemson, South Carolina |
Tom Winkopp Realtor/Developer, LLC |
2013 |
1,408 |
|
Sweetwater, Florida |
Podium Developments & Global City Development |
Opening Fall 2020 |
1,244 |
|
|
Annex of Ruston |
Ruston, Louisiana |
The Annex Group |
Opening Fall 2020 |
319 |
|
Multi-Asset Connecticut Portfolio |
Storrs, Connecticut |
Axela Group |
Various Builds |
647 |
|
University Village at 2505 |
Raleigh, North Carolina |
Undisclosed Buyer |
2012 |
288 |
|
College Inn |
Raleigh, North Carolina |
Undisclosed Buyer |
2004/2012 |
440 |
|
Campus West |
Raleigh, North Carolina |
Undisclosed Buyer |
2014 |
162 |
“As we continue developing and managing our owned properties, we also remain focused on our third-party management business and relationships, which allow us to bring our deep industry and operational knowledge to more student housing developments across the country,” Landmark Properties Co-Founder and COO James Whitley said.
“We’re grateful to the owners and developers who trust us to manage their properties day-to-day, and we look forward to continuing to grow those partnerships by fostering unsurpassed living experiences for residents and maintaining high occupancy rates for owners,” Whitley said.
About Landmark Properties
Ranked as the nation’s most active student housing developer and top student housing contractor, Landmark Properties is a vertically-integrated developer and owner-operator with over 750 employees and $4.1 Billion of assets under management. Landmark’s current portfolio includes more than 60 student housing properties across the country, more than 32,000 beds, including over $1.8 billion in assets currently under construction. For additional information, visit www.landmarkproperties.com.
Media Contact
Cody Nichelson
cnichelson@jacksonspalding.com