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Asset Campus Housing Is the Largest Third-Party Property Management Company in the Country According to Student Housing Business

Jan 17, 2011

HOUSTON, Jan. 17, 2011 /PRNewswire/ -- With over 30,000 student housing beds, Asset Campus Housing ("ACH") presently manages a student housing portfolio of more than 50 properties nationwide and was ranked #1 as the largest third-party management company in last month's Student Housing Business magazine.  Student Housing Business conducted a survey amongst management companies nationwide to determine who the largest management companies are based on the number of beds managed.  

"While being the largest student housing management company was not our focus for 2010, growth continues to be one of those things that happens in this industry when you provide true value to both your resident and client," said Ryan McGrath, Chief Operating Officer of Asset Plus Companies.

In 2010, ACH successfully received 20 new student housing management contracts, allowing them to enter markets such as Maryland, Mississippi, North Carolina and Ohio.  The increasing number of beds under management was simultaneous to the growth of talented and experienced team members that were added to the ACH team in 2010.  With the addition of these new team members, ACH was able to adhere to their unparalleled operating philosophy of a low supervisory ratio.

The largest third-party property management company in the nation also proves to be one of the most innovative technology companies in the industry.  With the recent release of the first ever student housing iPhone App, ACH sees technology as one of the key components in being a leader in this industry.  "Technology is something that we will continue to be developing and integrating as long as we are managing properties.  If you thought 2010 was a big year of growth and technological advances for our company, just wait- our residents and clients can expect much more in 2011," said McGrath.  

Headquartered in Houston, Texas, Asset Campus Housing, Inc. ("ACH") is an affiliate of Houston-based Asset Plus Companies, a third party property management firm specializing in real estate services for investors, developers, and owners.  Asset Campus Housing manages a student housing portfolio of 50+ properties, exceeding 30,000 beds located throughout the United States.

SOURCE Asset Plus Companies

For further information: Audrey Nardecchia of Asset Plus Companies, +1-713-782-5800, anardecchia@assetpluscorp.com


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