Looking ahead in 2022: Growing Student Portfolio, Entering Multifamily and Build-to-rent Developments
ATHENS, Ga (January 5, 2022) – Landmark Properties, a fully-integrated real estate firm specializing in the development, construction, management, investment and consulting of high-quality living communities, is coming off the heels of a breakthrough year with $7.7 billion assets under management in 2021 and $2.4 billion in developments under construction during a year laden with global supply chain complications and delays.
“We’re very proud of the historic year that the Landmark team had in 2021 and anticipate 2022 to be even better,” says Wes Rogers, CEO of Landmark Properties. “Between new development starts, acquisitions, recaps, new equity commitments and debt refinancings, our team executed on nearly $5 billion in transactions during 2021. We look forward to another solid year of growth as we continue to increase our student housing portfolio through both development and acquisitions, while expanding into single family build-to-rent and, to a lesser degree, conventional multifamily.”
Through the company’s strategic efforts in developing housing communities in some of the nation’s top real estate markets, Landmark and has achieved the following success in 2021:
- $7.7 billion assets under management
- $1.3 billion acquisitions and recapitalizations
- $1.3 billion development starts
- $2.1 billion loan closings
- $0.2 billion third-party sales
- $1.1 billion new development deliveries
- 51,219 beds under management
- 11 student housing communities currently under construction with an estimated value of $2.4 billion
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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 $7.7 billion of assets under management. Landmark's current portfolio includes more than 80 student housing properties across the country and over 51,219 beds, including over $2.4 billion in assets currently under construction. For additional information, visit www.landmarkproperties.com