Student Housing Business

NOV-DEC 2017

Student Housing Business is the voice of the student housing industry.

Issue link: https://studenthousingbusiness.epubxp.com/i/913900

Contents of this Issue

Navigation

Page 100 of 130

TOP 25 MANAGERS November/December 2017 StudentHousingBusiness.com 98 Student Housing Business conducted its annual Top 25 Managers of Student Housing survey in fall 2017 with more than 40 companies participating. This year, 10 companies in the Top 25 exhibited year-over-year growth in bed count greater than 10 percent. The minimum number of beds to achieve a Top 25 ranking this year dropped from 10,600 beds in 2016 to 8,900 beds in 2017. Big movers on the list include The Scion Group, whose acquisition of a large portfolio in early 2017 pushed the company forward by nearly 13 percent ahead of where it was last year. COCM continues to grow, adding more on-campus management beds for a 14 percent year-over-year gain. CA Student Living, which continued to add beds as it opened a number of new projects, posted a 43 percent gain. Other big percent- age gainers include Cardinal Group, Landmark Properties, and Campus Apartments. Three companies join or rejoin the Top 25 this year: Homestead U, which grew to 11,200 beds; Sterling University Housing, which has 11,200 beds; and Core Spaces, with 8,926 beds. Leaving the Top 25 this year are Campus Life & Style, who did not participate, and Lincoln Student Living, whose Grand Campus Living division was acquired by Aspen Heights Partners mid-year. For a breakdown of the methodology, please see page 100. For footnotes related to some of the data, please see page 102. 2016 Rank: 1 American Campus Communities 12700 Hill Country Blvd., Austin, TX 78738 www.americancampus.com Top Executive: Bill Bayless, CEO Total Number of Beds Managed: 131,552 Total Number of Properties Managed: 205 Number of Properties Managed Off-Campus: 131 Number of Beds Managed Off-Campus: 78,627 Number of Properties Managed On-Campus: 74 Number of Beds Managed On-Campus: 52,925 Percentage of Managed Portfolio Owned By Company: 81% Number of Beds In Third-Party Management Portfolio: 28,770 Percentage of Portfolio Managed by the Unit: 3% Percentage of Portfolio Managed by the Bed: 97% Number of Campuses Portfolio is On/Near: 95 Sample Campuses: Arizona State University University of California, Irvine Texas Tech University University of Texas at Dallas University of Texas-Austin 2016 Rank: 2 Asset Campus Housing 950 Corbindale Road, Suite 300, Houston, TX 77024 www.assetcampushousing.com Top Executive: Michael McGrath, CEO Total Number of Beds Managed: 121,517 Total Number of Properties Managed: 233 Number of Properties Managed Off-Campus: 233 Number of Beds Managed Off-Campus: 121,517 Number of Properties Managed On-Campus: 0 Number of Beds Managed On-Campus: 0 Percentage of Managed Portfolio Owned By Company: 1% Number of Beds In Third-Party Management Portfolio: 120,957 Percentage of Portfolio Managed by the Unit: 0% Percentage of Portfolio Managed by the Bed: 100% Number of Campuses Portfolio is On/Near: 140 Sample Campuses: Florida State University, Indiana University, Pennsylvania State University, Texas A&M University, Texas State University, University of Texas 2016 Rank: 3 Peak Campus 2970 Clairmont Road NE, Suite 310, Atlanta, GA 30329 www.PeakCampus.com Top Executive: Bob Clark, CEO Total Number of Beds Managed: 51,970 Total Number of Properties Managed: 93 Number of Properties Managed Off-Campus: 89 Number of Beds Managed Off-Campus: 49,265 Number of Properties Managed On-Campus: 4 Number of Beds Managed On-Campus: 2,705 Percentage of Managed Portfolio Owned By Company: 0% 1 Number of Beds In Third-Party Management Portfolio: 51,970 Percentage of Portfolio Managed by the Unit: 0% Percentage of Portfolio Managed by the Bed: 100% Number of Campuses Portfolio is On/Near: 66 Sample Campuses: University of Minnesota, Texas A&M University, Middle Tennessee State University, Michigan State University 2016 Rank: 5 The Scion Group 444 North Michigan Avenue, #2600, Chicago, IL 60611 www.TheScionGroup.com Top Executive: Robert Bronstein, President Total Number of Beds Managed: 48,941 Total Number of Properties Managed: 70 Number of Properties Managed Off-Campus: 67 Number of Beds Managed Off-Campus: 46,298 Number of Properties Managed On-Campus: 3 Number of Beds Managed On-Campus: 2,643 Percentage of Managed Portfolio Owned By Company: 96% Number of Beds In Third-Party Management Portfolio: 1,957 1 Percentage of Portfolio Managed by the Unit: 0% Percentage of Portfolio Managed by the Bed: 100% Number of Campuses Portfolio is On/Near: 47 Sample Campuses: Louisiana State University, Arizona State University, Purdue University, University of Nevada at Las Vegas 1 2 3 4 Top 25 MANAGERS Of Student Housing Student Housing Business's list of the

Articles in this issue

Links on this page

Archives of this issue

view archives of Student Housing Business - NOV-DEC 2017