PEAK CAMPUS BREAKS GROUND IN RALEIGH AND SYRACUSE
Apr 03, 2017
ATLANTA, GA (April 3, 2017) –Peak Campus, one of the nation’s leading student housing developers and operators, in conjunction with their investment partner, Blue Vista Capital Management, LLC, has broken ground in Raleigh, NC and Syracuse, NY on two new student apartment communities. Both projects are scheduled to open in the fall of 2018.
Peak’s Raleigh project is a 525-bed community that will serve students of NC State University. The project is located on Hillsborough Street in the heart of NC State community and is just minutes from Cameron Village – the major retail center in the downtown Raleigh market. The project will consist of one-, two-, three-, and four-bedroom apartments that come fully-furnished with top-of-the-market finishes including granite countertops, stainless-steel appliances, hardwood-style flooring and upgraded lighting and cabinetry. An abundant amenity package will be offered, including a resort-style pool, fitness center, business center, study/conference areas, game room with golf simulator, package locker system and ample parking and bike storage.
Peak’s Syracuse project is a 601-bed community that will serve students of Syracuse University. The project is located two blocks from the Syracuse University campus on Genesee Street which is the primary east-west corridor between the University and downtown Syracuse. The project will consist of studio, one-, two-, three-, and four-bedroom apartments that come fully-furnished with top-of-the-market finishes including granite countertops, stainless-steel appliances, hardwood-style flooring and upgraded lighting and cabinetry. An abundant amenity package will be offered, including a fitness center, hot tub, business center, study/conference areas, game room, package locker system and ample parking and bike storage.
“These are both exceptional university markets for well-located student apartments,” said Jeff Githens, President of Peak Campus Development. “Our projects will help to serve the growing demands here with excellent concepts in close proximity to each university’s campus and the surrounding city centers.”
For leasing information on 1505 Hillsborough Street in Raleigh, visit www.PeakRaleigh.com.
For leasing information on 919 E. Genesee in Syracuse, visit www.PeakSyracuse.com.
ABOUT BLUE VISTA
Blue Vista Capital Management, LLC, a Chicago-based real estate investment manager, has made over 180 investments nationwide, across multiple property types, with gross asset value of more than $6.5 billion. Blue Vista is focused on investing in a diversified portfolio of high-quality Student Housing assets with an emphasis on achieving attractive returns by capitalizing on market dynamics and taking advantage of opportunities to add value to assets at each stage of the investment cycle. Our dedicated Student Housing team of acquisitions, development, asset management and portfolio management professionals works closely with student housing management company Peak Campus Companies to ensure best-in-class execution of all property management, leasing and operations strategies.
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.