Landmark Properties Adds 11 Properties to Property Management Portfolio

Staff Report From Athens CEO

Thursday, October 10th, 2019

Landmark Properties, a vertically-integrated student housing developer and owner-operator, was recently awarded contracts to manage 11 properties, adding more than 5,400 beds to its property management portfolio.

The new deals represent a 57% increase in third-party beds under management, bringing the company’s total portfolio to more than 32,000 beds at 60 properties across 21 states.

The new properties under third-party management include:

New Properties Under Management

Property

Location

Ownership Group

Year Built

Beds

East Main Quarters

Murfreesboro, Tennessee

Cider Moon Investments

2016

252

Sierra

Corvallis, Oregon

Washington Mixed Use LLC

Opening Fall 2020

689

The Pier at Clemson

Clemson, South Carolina

Tom Winkopp Realtor/Developer, LLC

2013

1,408

Stadium View

Jonesboro, Arkansas

Zimmer Development Company

2017

720

The Circle

Jonesboro, Arkansas

Zimmer Development Company

2017

180

Pack Place

Jonesboro, Arkansas

Zimmer Development Company

2017

342

The One at University City

Sweetwater, Florida

Podium Developments & Global City Development

Opening Fall 2020

1,244

Annex of Ruston

Ruston, Louisiana

The Annex Group

Opening Fall 2020

319

Multi-Asset Connecticut Portfolio

Storrs, Connecticut

Axela Group

Various Builds

647

University Village at 2505

Raleigh, North Carolina

Undisclosed Buyer

2012

288

College Inn

Raleigh, North Carolina

Undisclosed Buyer

2004/2012

440

Campus West

Raleigh, North Carolina

Undisclosed Buyer

2014

162

 

“As we continue developing and managing our owned properties, we also remain focused on our third-party management business and relationships, which allow us to bring our deep industry and operational knowledge to more student housing developments across the country,” Landmark Properties Co-Founder and COO James Whitley said.

“We’re grateful to the owners and developers who trust us to manage their properties day-to-day, and we look forward to continuing to grow those partnerships by fostering unsurpassed living experiences for residents and maintaining high occupancy rates for owners,” Whitley said.