CAMPUS ADVANTAGE ADDS MICHIGAN PROPERTY TO ITS MANAGEMENT PORTFOLIO

Austin, Texas, July 24, 2017 -- Campus Advantage®, a leader in student housing, providing property management, consulting, acquisitions, and development services, today announced that Block 36, a 432 bed community, has joined its growing portfolio of managed student housing properties. Campus Advantage added a total of 3,164 beds to its portfolio in the first half of 2017.

Block 36 was built in 2001 and is located near Michigan State University in East Lansing, Michigan. The pet-friendly property’s amenities include a heated pool, hot tub, 24-hour fitness center and computer lab, basketball and sand volleyball court, outdoor fire pit area, and more.

“Our consulting and operations teams assessed the property, and agree partnering with a strong student housing operator will result in substantial growth,” said Pam West, Vice President of Operations at Campus Advantage. “Additionally, Block 36 is our third property in East Lansing, therefore our growing presence adds to our knowledge of the potential available in that market. We are confident that our programming, operations excellence, and integrated marketing capabilities will make a positive impact, and we look forward to supporting the property’s residents during this important time in their lives.”

Block 36 will benefit from new programs that deliver a student-focused experience that inspires and equips residents to thrive in all areas of life. This includes Campus Advantage’s highly sought after Students First® program which is designed to ensure that students who choose to live at Campus Advantage communities have more opportunities to achieve success both now and in the future.

Campus Advantage’s dedication to creating rewarding living and learning experiences for students, combined with its integrated marketing approach, results in a nearly 97% occupancy rate, industry-leading resident renewal rates, and low maintenance costs thanks to satisfied residents. By maintaining and operating each property to the highest standard, Campus Advantage creates an environment that residents love, resulting in maximum occupancy and returning resident ratios. The Company’s proven expertise in student housing management and time tested approach continue to make Campus Advantage the third party manager of choice for student housing property owners.


About Campus Advantage
Campus Advantage® is an Austin-based real estate firm that offers student housing management, development, acquisition, and consulting services. The company has been creating successful communities since its founding in 2003. Its proven expertise and time-tested approach creates better student living experiences, which in turn creates financial success. For additional information, please visit www.campusadv.com.

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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/01f514ce-e12a-4e3b-bc3b-9c851f8f27b3

Lisa Koetz
Bloom Communications
503.805.6538
[email protected]