Austin, Texas — Campus Advantage has hired Carlos Gonzalez as senior vice president of asset management. In his new position, Gonzalez will be responsible for the overall economic performance of the Austin, Texas-based company’s portfolio, and will work in partnership
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Austin, Texas — American Campus Communities provided an interim update ahead of this week’s 2021 National Multifamily Housing Council student housing conference. As of Sept. 30, the company’s 2021 and 2022 same store portfolios were 95.8 percent leased with 3.3
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Austin, Texas — Campus Advantage has promoted Alexandra Hildebrandt to vice president of information services. In her new role, Hildebrandt will be responsible for strategic direction, leadership and support of the company’s development and implementation of information services technology initiatives
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Austin, Texas — TSB Realty has arranged the sale of Villas on Rio, an 858-bed student housing community located near the University of Texas in Austin. An affiliate of Blue Vista Capital Management purchased the property from Villas Student Housing
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Lubbock, Texas — Ascott Residence Trust (ART) has acquired Wildwood Lubbock, a 1,005-bed student housing community located near Texas Tech University, from an undisclosed seller for $70 million. The property offers two- to four-bedroom units with bed-to-bath parity. Shared amenities
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Austin, Texas — Campus Advantage has hired Scott Barton as chief investment officer (CIO). As CIO, Barton will lead the Austin, Texas-based company’s investments division, overseeing all acquisition, development, asset management and capital efforts. Barton recently served as senior vice
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Austin, Texas — Lincoln Ventures has promoted Francisco Rios to the role of chief investment officer. In his new position, Rios will lead the Austin, Texas-based firm’s investment strategy, overseeing its student housing, multifamily, development and acquisition platforms. Prior to
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Austin, Texas — American Campus Communities has promoted Jennifer Beese to the position of president and chief operating officer. Beese succeeds Jim Hopke, who retired as president on August 24. Beese joined the company in 1999 and most recently served
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College Station, Texas — Parallel will build an 802-bed student housing community within the Northgate Campus area near Texas A&M University in College Station. Parallel has entered into a ground lease with the University Lutheran Church of College Station to
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Austin, Texas— American Campus Communities (ACC) has announced financial results for the quarter ended June 30. The Austin, Texas-based company reported a net loss of $9.4 million or $0.07 per fully diluted share, versus a net loss of $13.3 million
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Lubbock, Texas — University Partners has been awarded management of The Carlton House, a 446-bed student housing development located near the Texas Tech University campus in Lubbock, by Treemont Partners with the assistance of consulting group Chambers Real Estate Advisors.
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Austin, Texas — In 2020, the COVID-19 pandemic brought an unexpected interruption to the student housing investment sales market. Following a strong leasing season for fall 2021, executives are seeing increased interest from buyers and sellers in the space, leading
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