Des Moines, Iowa — Timberline Real Estate Ventures and Des Moines-based BH Cos. have partnered to form a new student housing management company titled B.HOM Student Living. B.HOM will assume management of a 33-property student housing portfolio located in 16
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Austin, Texas — American Campus Communities (ACC) has announced financial results for the first quarter of 2020 and provided an update on pre-leasing for the upcoming academic year. The company reported a net income of $80.9 million or $0.58 per
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Chicago — CRG, the real estate development and investment arm of Chicago-based Clayco, has hired J.J. Smith as managing partner of its residential business. Smith has over a decade of leadership experience at Chicago-based CA Ventures, where he launched real estate
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Austin, Texas— American Campus Communities (ACC) has sold The Varsity, a 901-bed student housing community located near the University of Maryland in College Park, to an undisclosed buyer for $148 million. The company also released a COVID-19 statement, outlining efforts to
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Camden, N.J. — Dale McCullough has retired from her position as marketing director of Michaels Student Living. During her nine-year tenure as marketing director, Michaels’ student living portfolio has grown from one on-campus student housing community to delivering 24 properties
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Charleston, S.C. — Christine Richards will step down from her position as executive director of real estate operations at Greystar on April 10. Richards began her career in multifamily more than 30 years ago at Gables Residential Trust, where she
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Austin, Texas — Campus Advantage has hired Alfonso Flores as vice president of finance and promoted Angela Shaw to the role of vice president of human resources. Flores will oversee management of finance, accounting, budgeting, planning, tax and billing from
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Chicago — The Scion Group has hired Monte Huber as the company’s first-ever chief financial officer. Huber will be responsible for financial reporting, accounting and asset management activities on behalf of The Scion Group, Scion Advisory Services and Scion’s national
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Denver — The Cardinal Group has announced a new ‘work from anywhere’ policy, which will no longer require portfolio managers to relocate and work out of the company’s headquarter offices located in Denver and Austin, Texas. This policy will be
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Chicago — CA Ventures has announced a $12 billion investment strategy for the firm’s student housing and residential divisions in conjunction with the promotion of four senior executives. Promotions include Michael Hales to president of the firm’s student living division;
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Atlanta — Peak Campus has acquired Caliber Living, the multifamily and student housing management arm of Mallory & Evans Cos. Properties previously operating under Caliber Living’s student housing platform will now operate under the Peak Campus brand, a move which
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Chicago — Richard Martinez has been promoted to senior vice president of all production and sales at Freddie Mac. Griffin Cotter, director of production and sales, has been tapped to lead the company’s student housing business in place of Martinez.
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