PEAK CAMPUS AWARDED 1,400 BEDS IN GAINESVILLE, FL - $9 MILLION RENOVATION PACKAGE UNDERWAY
Mar 30, 2017
ATLANTA, GA – Peak Campus, one of the nation’s leading student housing operators, has announced that it has been awarded and assumed property management of Campus Club, a 924-bed community, as well as Gateway at Glades, a 432-bed community, both serving students in the Gainesville, Florida area. Both communities are owned by Park Partners Residential.
Campus Club is located minutes from campus and within walking distance to great restaurants and retail. The 252-unit property offers three- and four-bedroom apartments that are fully-furnished and include a washer and dryer in every home. The garden-style, all-inclusive community includes a resort-style pool, 24-hour fitness center, 24-hour study rooms with wifi, dog park, computer lab with complimentary printing, and basketball court. A multi-million dollar renovation is planned for fall 2017.
Gateway at Glades is located 0.3 miles from Campus Club, minutes from campus and within walking distance to great restaurants and retail. The 120-unit property offers three- and four-bedroom apartments that are fully-furnished and include a washer and dryer in every home. The garden-style, all-inclusive community offers a resort-style pool and hot tub, 24-hour fitness center, game room and clubhouse, computer lab with complimentary printing, and basketball court. A multi-million dollar renovation is planned for fall 2017.
Interior renovation packages will include a stainless-steel appliance package, wood-style flooring and carpet, modern furniture, flat-screen TVs, as well as enhanced cabinetry, counters and finishes. Community amenity renovations will vary per property and include upgrades to the pools, sports courts, computer labs, study rooms, fitness centers and dog park.
“We are excited to further expand our presence in the great state of Florida with asset owners, Park Partners Residential,” said Casey Petersen, Chief Operating Officer. “Both communities are well-located and undergoing extensive renovation packages that, coupled with the Peak management platform, will position both assets for success with the students of Gainesville, FL.”
ABOUT PEAK CAMPUS
Peak Campus, operating through a group of affiliated companies, is an institutional-grade property management and development company based in Atlanta, Georgia, focused exclusively on the student housing industry. The companies' experienced professionals offer an unmatched ability to execute on strategies consistent with the goals and long term investment strategies of its partners. The Companies have developed over 15,000 beds of purpose-built student housing, and currently manage over 52,000 beds, with a combined valuation of more than $3.0 billion for investors nationwide, making them the second largest private operator in the United States. For more information about Peak Campus and its affiliates' full array of real estate solutions, please visit www.PeakCampus.com.