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Campus Advantage Sets Record Pace in 2009
AUSTIN, Texas, Nov. 10 -- Campus Advantage, the nation's largest private student housing company, today announced that since the beginning of the year it has secured seven new management contracts and completed over 20 consulting projects. These new engagements, in combination with the existing portfolio of properties under management, solidify the company's status as the top management company in the student housing industry.
Additionally, over the last ten months, Campus Advantage has been recognized by multiple independent organizations for its leadership, strong growth and talented professional staff, including:
- Recognition by Inc. Magazine as one of the fastest-growing private companies in the United States... Read More
- Recognition as one of the best places to work in Central Texas... Read More
- Recognition of Campus Advantage Controller Nora Foster as a Central Texas Woman of Influence... Read More
- Recognition of Campus Advantage CFO Mark Hager as one of the best Central Texas CFOs for 2009... Read More
- Recognition as one of the 50 fastest growing private companies in Central Texas in 2009.
"The energy at Campus Advantage is buzzing and our industry is taking notice," said Mike Peter, CEO, Campus Advantage. "The new organizations we've been talking to understand that there is a direct link between effective property management and portfolio profitability. Looking at our pipeline for the months ahead, 2009 is shaping up to be a record-breaking year for both new business and third-party recognition."
Over the last 10 months Campus Advantage has been awarded multiple contracts to manage student housing properties, including:
- The Seasons, Arizona
- Flats at 374, Missouri
- 21 Rio, Texas
- River Glen Apartments, Colorado
- Blackstone Apartments, Tennessee
- Lee Apartments, Tennessee
- Liberty Point, North Carolina
"Given today's historically low market valuations and construction costs it should come as no surprise that many organizations are looking for just the right moment to enter the student housing market," said Scott Duckett, senior vice president, Campus Advantage. "Considering the increase in consulting project inquiries we've seen over the last quarter, that moment may be close at hand."
About Campus Advantage
Campus Advantage (CA) is an Austin-based real estate firm that specializes in the management and development of student housing in 21 states. Campus Advantage currently manages approximately 35,000 beds, serving 36 universities across the nation. Campus Advantage works to create winning partnerships between colleges, universities, investors, developers and owners in an effort to help students achieve their academic and personal goals. With over 1,000 employees, Campus Advantage is committed to providing innovative and customized solutions for premier student housing communities. For additional information, visit http://www.campusadv.com.
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