PEAK CAMPUS AWARDED MANAGEMENT OF 253-BEDS IN SAN MARCOS, TEXAS
Jan 02, 2019
ATLANTA, GA (January 2, 2019) – Peak Campus, one of the nation’s leading student housing operators and developers, announced today it was awarded management of The Timbers, a 155-unit, 253-bed student housing community located in San Marcos, Texas serving the students and parents of Texas State University. The Timbers marks a new relationship with The Jacobson Company, a Los Angeles based private real estate investment firm committed to continuing its rapid nationwide growth and expanding partnerships with the best in class resources to drive value for its student housing portfolio. The Timbers is the third property managed by Peak Campus in and expands Peak’s management presence to nearly 2,000 beds at Texas State University.
The Timbers is conveniently located within walking distance to Texas State University, and tenants have their choice of studio, one, two, or three-bedroom apartments which feature vaulted ceilings, wood burning fire places, and private balconies. Each unit is outfitted with stainless steel appliances, an in-unit washer and dryer, and the bedrooms boast a walk in-closet. The newly remodeled clubhouse is home to a 24-hour fitness center, and the ample greenspace at the community offers a host of other amenities for students to use. A full-size basketball court and putting green are available for residents to enjoy in addition to a swimming pool, numerous picnic areas with grills, and a spacious pet park.
“Peak welcomes the opportunity to bring our world-class resident experience to the students at The Timbers,” said Casey Petersen, Chief Operating Officer at Peak Campus. “We are excited to see our presence in the San Marcos market grow and look forward to continuing to serve the Texas State University community.”
For more information about The Timbers, please visit www.thetimbersliving.com.
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 50,000 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.
ABOUT THE JACOBSON COMPANY
The Jacobson Company is a private real estate investment company with a 50-year tradition of acquiring and operating conventional multi-family, student housing, and commercial properties. Headquartered in Los Angeles with a second office in Sacramento, the Company demonstrates a superior ability to drive returns on invested capital, cultivate investor loyalty, and achieve higher rents and property appreciation across its portfolio. For more information about The Jacobson Company and its investment philosophy and portfolio, please visit www.thejacobsoncompany.com