Campus Apartments to Manage Syracuse Portfolio

CampusApts-CastleCourtSyracuse, N.Y. — Philadelphia-based Campus Apartments Inc. has been selected to manage the Campus Hill Apartments Syracuse Portfolio.

CampusApts-CastleCourt
Castle Court is a 30-unit apartment community
located in Syracuse, N.Y.
Syracuse, N.Y. — Philadelphia-based Campus Apartments Inc. has been selected to manage the Campus Hill Apartments Syracuse Portfolio, a collection of 50 off-campus student housing properties that serves the Syracuse University community. The portfolio totals 256 units and 706 beds. It is owned by New York City-based Salmanson Capital LLC. With this portfolio, Campus Apartments has more than $1 billion worth of student housing assets under its management, comprising more than 26,000 beds in 23 states. Salmanson Capital originally acquired the portfolio in May 2007 for a total of $26 million. Since then, it has increased the size of the original portfolio by 12 percent through acquisitions in the market.


 

 

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