PEAK CAMPUS AWARDED MANAGEMENT OF 405-BED NEW DEVELOPMENT IN HOUSTON, TEXAS

Oct 16, 2019

ATLANTA, GA (October 16th, 2019) – Peak Campus, one of the nation’s leading student housing operators and developers, announced that it has been awarded management of Tower 5040, a 147-unit, 405-bed new development serving the University of Houston. These brand-new apartments will deliver in time for the start of the Fall 2020 semester.

Located within walking distance of the University of Houston and directly adjacent to Greek housing, Tower 5040 offer students their choice of luxury floorplans between studio, one, two, and four-bedroom layouts, all of which come fully furnished. Featuring premium finishes like matching stainless steel appliances, quartz countertops, private washers and dryers in every unit, and spacious walk-in closets students will find these apartments were designed with their comfort and ease of use in mind. Tower 5040 offers students the best in amenity spaces, as well, and will feature a resort-style pool and hot tub, a fire pit with outdoor games and lounge areas, and numerous outdoor grilling stations. Study lounges and a fully appointed on-site business center afford students numerous comfortable spaces to hit the books, and when it’s time to unwind they can do so in the brand-new fitness center with cardio and weight equipment.

“We are thrilled to have the opportunity to continue to expand our presence throughout the many college markets in Texas, and we look forward to making our introduction to the Houston market with Tower 5040,” said Casey Petersen, Chief Operating Officer. “Tower 5040 will undoubtably deliver as a best-in-class community that offers students an unparalleled customer service experience in addition to a high-quality product in a best-in-class location. We are thrilled to be managing this community and look forward to serving both the University of Houston and Texas Southern University communities.”

For more information about Tower 5040, please visit www.tower5040.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.