Austin, Texas — Brent Woods has joined Aspen Heights Partners as director of capital markets. In his new role, Woods will lead with financial analysis, analytical decision-making and technical expertise for the company’s capital markets team. “I’ve followed Aspen Heights
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Austin, Texas — American Campus Communities has announced financial results for the second quarter of 2020. Revenue for the second quarter totaled $185.5 million, versus $217.4 million in the second quarter of 2019. The company reported a net loss of
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Chicago — The Scion Group has launched Scion Campus Connections, a new strategic initiative aimed at improving collaboration between university and college housing departments and Scion’s off-campus housing teams. “The COVID-19 pandemic has changed the way we think about student
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Houston, Texas — Berkadia has hired Brandon Buell as senior managing director of its student housing group. Buell will be based in the company’s Houston, Texas, office and will partner with existing Senior Managing Director, Kevin Larimer. Prior to joining Berkadia,
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Chicago — Shannon Failla has launched SFive Consulting, a Chicago-based consulting firm that will specialize in building out business infrastructure and streamlining processes in the student housing sector. Failla has over 10 years experience in the student housing industry, seven
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Chicago — Core Spaces has hired Greg Gonzalez as director of acquisitions. In his new position, Gonzalez will be responsible for sourcing new development, redevelopment and acquisition opportunities nationwide for Core Spaces’ co-living and student housing verticals. Gonzalez will also
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Chicago — CRG, the real estate development and investment arm of Chicago-based Clayco, has hired Struan Robertson as vice president of investments. In his new position, Robertson will lead financing and underwriting for CRG’s national multifamily and student housing projects
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Austin, Texas — American Campus Communities has announced that its operating partnership, American Campus Communities Operating Partnership LP, has priced a $400 million offering of senior unsecured notes under its existing shelf registration. These 10-year notes were issued at 99.1
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Austin, Texas — American Campus Communities (ACC) has provided a COVID-19 interim update on universities’ planned delivery of curriculum for the fall, leasing for the 2020-2021 academic year and progress on rent collections. University Announcements Forty-seven of the 68 universities
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Charleston, S.C. and Phoenix — Multifamily and student housing development and management firm Greystar Real Estate Partners has acquired the property management business of competitor Alliance Residential Co., the fourth-largest apartment management firm in the United States. Financial terms of the
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Denver — Cardinal Group Companies has promoted Alex O’Brien to the position of CEO. Prior to his promotion, O’Brien served as president and COO of Cardinal Group. Del de Windt, previous CEO of the Denver-based company, will remain on as a
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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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