Student housing leader adds 778 beds near the University of Missouri
AUSTIN, TX (July 17, 2017) — Campus Advantage®, a leader in student housing, providing property management, consulting, acquisitions, and development services, today announced that the The Lyfe and The Row, have joined its growing portfolio of managed student housing properties. Campus Advantage added a total of 3,164 beds to its portfolio in the first half of 2017.
“There is a tremendous opportunity for growth in this market and our consulting and operations teams agree partnering with a strong student housing operator will help these properties achieve their full potential,” said Pam West, Vice President of Operations at Campus Advantage. “We are excited to showcase our award winning operations team and make a fast and lasting impact at each of these properties.”
Both properties are located in Columbia, Missouri near the University of Missouri.
Built in 2006, The Lyfe offers a total of 450 beds with fully furnished two-, three-, and four-bedroom units. Indoor amenities include a clubhouse with a 24-hour fitness center, game room, study lounge, and 24-hour business center with free printing. Outdoor amenities include sport courts, a swimming pool, and barbecue grills.
The Row is a duplex-style community, with 328 beds, and was built in stages between 2005-2007. Amenities include a swimming pool and two-car garages, and beginning in the fall 2017 school semester, residents of both properties will enjoy a convenient resident-only shuttle with extended hours to campus and downtown.
Both properties will benefit from a fresh set of eyes and new programs that deliver an experience that inspires and equips residents to thrive in all areas of life. This includes Campus Advantage’s highly sought after Students First® program which is designed to ensure that students who choose to live at Campus Advantage communities have more opportunities to achieve success both now and in the future.
Campus Advantage has also partnered with Catalyst, an Austin-based agency specializing in integrated marketing for student and multifamily housing, to create new marketing strategies for the properties, including new websites, social and digital strategies and improved marketing materials.
Student housing property owners continue to seek out Campus Advantage as their third party manager of choice because of the Company’s proven expertise in student housing management and time-tested approach. Campus Advantage’s dedication to creating rewarding living and learning experiences for students, combined with an integrated marketing approach, results in a nearly 97% occupancy rate, industry-leading resident renewal rates, and low maintenance costs thanks to satisfied residents. By maintaining and operating each property to the highest standard, Campus Advantage creates an environment that residents love, resulting in maximum occupancy and returning resident ratios.
About Campus Advantage
Campus Advantage® is an Austin-based real estate firm that offers student housing management, development, acquisition, and consulting services. The company has been creating successful communities since its founding in 2003. Its proven expertise and time-tested approach creates better student living experiences, which in turn creates financial success. For additional information, please visit www.campusadv.com.
Media Contact for Campus Advantage