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Campus Apartments Acquires 780-Bed Community Near Georgia Southern University

Campus Apartments Acquires 600-Bed Property Near James Madison University

PHILADELPHIA – December 2, 2020 – Campus Apartments has acquired Aspen Heights Harrisonburg, a 600-bed cottage-style community located in Harrisonburg, Virginia. Built in 2013, the asset provides off-campus housing for students attending James Madison University. “We are thrilled to acquire Aspen Heights Harrisonburg,” said Mark Schundler, Executive Vice President of Investments. “The asset has a tremendous track record of strong occupancy and rent growth, and it has proven to be remarkably resilient during the pandemic. We’re very excited about its long-term potential.” Aspen Heights is currently 100% occupied and is already 95% preleased for Fall 2021, significantly outpacing its market. The property offers generous cottage-style floor plans, luxury unit finishes, and a centrally-located amenity infrastructure. Looking forward, Campus Apartments intends to rebrand the property and implement a light value-add plan that will entail enhancements to both the clubhouse and exterior amenity areas, further cementing its best-in-market standing.

Homewood Suites by Hilton in University City to Offer Free Hotel Rooms for Doctors and Nurses at HUP, CHOP and University of Pennsylvania Police

Homewood Suites by Hilton in University City will offer free hotel rooms to doctors and nurses at the Hospital of the University of Pennsylvania (HUP) and the Children’s Hospital of Philadelphia (CHOP) who are currently working around the clock to treat patients and are likely unable to return to their homes during this challenging time. The hotel will also offer free rooms to University of Pennsylvania Police officers, who are also working tirelessly to keep the community safe. “Our hope is that local accommodation will help ease the burden of travel home for doctors and nurses at HUP and CHOP, as well as Penn officers,” said David Adelman, CEO of Campus Apartments. “Campus Apartments has been an integral member of the University City community for more than 60 years, and we want to support our neighbors and those on the front lines at HUP and CHOP in any way possible during this unprecedented time.” Free accommodations are based upon room availability, and individuals showing symptoms of COVID-19 will not be permitted. Accommodation policies are subject to change. Please contact Homewood Suites by Hilton in University City at 215.382.1111 for more information.

Campus Apartments Acquires Richmond, VA Portfolio for $31M

PHILADELPHIA – July 31, 2018 – Campus Apartments has acquired The Collection Midtown, a portfolio of 20 apartment buildings located within Richmond’s historic Fan and Museum District, for a reported $31 million. The acquisition represents the Company’s third investment in Richmond and expands on its decade-long operating history within the market. The 219-unit portfolio consists of one-, two-, and three-bedroom floor plans within historic walk-up buildings that are conveniently located adjacent to Scott’s Addition, the fastest growing neighborhood in Richmond, and home to an array of popular restaurants, breweries, and entertainment venues. “We’re excited to be furthering our investment in Richmond and believe that The Collection offers a truly unparalleled location,” said Mark Schundler, Senior Vice President of Investments for Campus Apartments. “Residents are able to enjoy a charming tree-lined neighborhood, while being just steps from a booming entertainment district. In many ways, it reflects the livability that has transformed Richmond into a millennial hotspot.” To learn more about Campus Apartments, please visit http://www.campusapartments.com/ and for The Collection Midtown leasing inquiries, please visit http://www.collectionmidtown.com/. About Campus Apartments Founded in 1958, Campus Apartments is a vertically-integrated real estate company that acquires, develops, and operates student housing and millennial-oriented multifamily throughout the United States. With over $2.0 billion in assets under management, the Company’s portfolio consists of garden-style, mid-rise, and high-rise assets, as well as mixed-use and urban scattered-site housing. For more information, visit www.campusapts.com and connect with Campus Apartments on Twitter and Facebook.

Insomnia Cookies And Wings Over To Open At 114 Earle Near Clemson University

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Campus Apartmenst Opens 706-Bed Community Near Clemson University

PHILADELPHIA – September 12, 2017 – Campus Apartments, one of the nation’s largest providers of on- and off-campus student housing, today announced the opening of 114 Earle, a new pedestrian-tocampus mixed-use community with market-leading amenities serving Clemson University. Located in the heart of Clemson’s retail and nightlife corridor, the property offers fully furnished studio through five-bedroom units. Shared amenities include a two-story clubhouse with an internal playground-style stairway slide; a state-of-the-art fitness center; a resort-style swimming pool with jumbo TV; and a variety of study spaces. “We’re excited to be entering the Clemson market and helping to energize its downtown,” said Daniel Bernstein, President and Chief Investment Officer at Campus Apartments. “114 Earle has been met with incredible reviews thus far, as both students and their parents have been blown away by the quality of the property and the overall experience that it offers.” 114 Earle is one of the latest investments of the Campus-Clarion Student Housing Partners, LP Fund. The fund targets investments in university-related real estate through acquisition and development, both on- and off-campus, throughout the U.S. The project was completed in partnership with Collegiate Development Group.

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