New Management Contract for Peak Campus - The Towers on Franklin

Apr 24, 2013

Atlanta, GA – Peak Campus Management announced today that it has been selected as the property manager for The Towers on Franklin, formerly known as the Colonial Reserve on West Franklin, a 335 bed high-rise student housing community serving the students of Virginia Commonwealth University (VCU) in Richmond, Virginia.

The Towers on Franklin offers studio, one, and two bedroom apartments with private bathrooms. The project amenities include complimentary WI-FI throughout the community, a swimming pool with sundeck, a 24-hour fitness center, and an activity center with pool tables. Peak Campus will be executing on a capital improvement strategy on behalf of the owner to improve curb appeal and common area amenities.

Bob Clark, President, Peak Campus Management said, “We look forward to repositioning this asset in the market to improve rental rates and drive value for its owners.  We are confident that our strategic marketing approach combined with targeted capital improvements will ensure the Towers on Franklin is a preferred student housing community for VCU students.”

For leasing information, please visit www.thetowersonfranklin.com.

Peak Campus Management is an institutional-grade student housing management company based in Atlanta, Georgia.  Our seasoned professionals offer a demonstrated ability to execute on goals and long term investment strategies of our partners.  Peak Campus Management currently oversees 24,000 beds valued at over $1.4 billion for investors nationwide.  For more information on Peak Campus and our full array of real estate solutions, please visit www.PeakCampus.com.