Austin, Texas, Feb. 07, 2018 (GLOBE NEWSWIRE) -- Campus Advantage®, a leader in student housing, providing property management, consulting, acquisitions, and development services, today announced the addition of 672 beds to its growing portfolio of managed student housing properties, with the addition of two properties in Pembroke, North Carolina. Located near the University of North Carolina at Pembroke, The Commons and The View tap into Campus Advantage’s successful management capabilities and services which result in a nearly 97% occupancy rate.
Campus Advantage was sought after to manage these properties due to its highly regarded Students First® Experience platform, which is designed to ensure that residents who choose to live at Campus Advantage communities have more opportunities to achieve success both now and in the future, and which the owners felt would complement the current residence life programming at both communities.
“We are excited to implement our rewarding living and learning experiences, as well as our first-class programming, operations excellence, and integrated marketing capabilities, for the existing and future residents of these properties,” said Scott Duckett, Chief Operating Officer of Campus Advantage. “We know this is a very tight-knit community and we look forward to helping build on The Commons’ and The View’s strong relationship with the University of North Carolina at Pembroke.”
Built in 2007, The Commons is a 108 unit, 336-bed property and is comprised of two- and four-bedroom units. Property amenities include a pool, renovated clubhouse, fitness center, and dog park. Also built in 2007, The View is an 84 unit, 336-bed property and is comprised of fully-furnished, four-bedroom units. Property amenities include a pool, fitness center, game room, business center & clubhouse.
Both properties are garden-style communities and located directly across the street from the University of North Carolina at Pembroke campus.
Under Campus Advantage management, these properties will benefit from programs that deliver a resident-focused experience that inspires and equips residents to thrive in all areas of life. Catalyst, an Austin-based agency specializing in creative marketing for student and multifamily housing, will partner with Campus Advantage to develop branding for the property, including new websites, tailored marketing materials, and SEO services.
About Campus Advantage
Campus Advantage is an Austin-based real estate firm fostering financially prosperous higher education student housing communities through its management, development, acquisition, and consulting services. Since its founding in 2003, Campus Advantage has been creating successful communities that provide rewarding living, learning, and career experiences, and as a result has become one of the fastest growing private student housing companies in the nation. The company’s asset acquisition and management strategies combined with its dedication to residence life and student development has made Campus Advantage the 6th largest student housing owner and the 7th largest manager in the United States. Learn more at www.campusadv.com.
About Catalyst
Catalyst is an award winning, full-service digital marketing and communications agency specializing in student and multifamily housing, commercial real estate, residential real estate developments, and retirement communities. The Austin-based agency's data-driven approach generates measurable results, and its clients therefore benefit from the highest returning resident ratio in their respective industries. Catalyst's in-house team provides its clients with integrated brand, marketing, design, and public relations services, leveraging the latest technology advances and Millennial communications strategies. Visit www.thelyst.com to learn more.
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