Lincoln Property Company Acquires Grand Campus Living
DALLAS, TX -- (Marketwire) -- 01/10/13 -- Lincoln Property Company
(LPC), the third largest apartment management firm in the United
States, announced today that it has acquired Grand Campus Living
(GCL), formerly a student housing division of Phoenix Property
Company. The acquisition will expand the company's current
conventional portfolio to include a student housing division.
The acquisition of Grand Campus Living includes the transition of
current contracts, management, and on-site team members to the
Lincoln brand. The Grand Campus Living division will continue to
operate as a separate entity, with individual operations, accounting,
marketing, and training departments, but will benefit from Lincoln's
long-standing industry reputation and relationships.
According to Scott Wilder, Executive Vice President of Residential
Management at Lincoln Property Company, "We are excited about the
potential growth this acquisition brings to the table. Grand Campus
Living is an expert on student housing and we're confident that their
experience and knowledge will help Lincoln successfully merge into a
market we've yet to explore."
Grand Campus Living currently provides management services to just
over 7,200 beds, approximately 2,900 units, nationwide and provides a
full range of property management and consulting services for
high-rise, mixed-use, and garden style communities. A majority of
GCL's portfolio serves students at some of Texas' most well-known
universities such as Texas A&M in College Station and University of
Texas in Austin. Other GCL-managed student housing communities can be
found near Florida State University, University of South Florida,
Boise State University, Oregon State University, and University of
About Grand Campus Living
Grand Campus Living is the student housing
division of Lincoln Property Company and partners with some of the
nation's most prestigious colleges and universities across the
country offering individual leases and state-of-the-art amenities
that set the standard in student living. The GCL leadership team has
been working in the private student housing industry since its
inception and offers a full range of property management and
consulting services to owners.
About Lincoln Property Company
Lincoln Property Company was founded
in 1965 as a developer and manager of high-quality residential
communities. Their national reputation for successful management of
their own properties quickly attracted a large client base of owners
and investors who recognized the value that they could provide in
development, property management and real estate consulting services,
so they added third party management to their lines of service. LPC
is currently the nation's 3rd largest manager of apartment
communities with over 140,000 units under management.
For more information about Lincoln Property Company, please visit:
http://www.lincolnapts.com/management-services or visit
http://www.lincolnapts.com/regions/ for apartment listings in your
Follow Lincoln Property Company on Twitter, LinkedIn, and Facebook to
learn more about communities in your area or connect with other
residents of LPC-managed communities!
Grand Campus Living
National Marketing and Training Director
Lincoln Property Company
Vice President - Marketing & Training
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