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Acquisitions
Since 2002, Campus Habitat has acquired, renovated, and repositioned student housing assets nationwide. In that time, the organization has developed in-depth market knowledge as well as a far-reaching network of relationships with lenders, special servicers, receivers, capital market intermediaries, student housing owners, and brokers that enable the organization to identify opportunities before they reach the market. Coupled with its deep transactional expertise and reputation for swift execution, Campus Habitat is very often viewed as the buyer of choice for those selling student housing assets.
Operational Expertise
Campus Habitat’s ability to identify opportunities for operational improvement and asset repositioning, provide Campus Habitat with a competitive advantage in determining an asset’s intrinsic value. Campus Habitat’s ability to quickly stabilize non-performing assets is often envied in the industry.
Due Diligence
Campus Habitat’s experienced team of acquisition professionals manages each facet of the due diligence process. Campus Habitat’s ultra-selective due diligence process allows it to quickly identify and act on opportunities nationwide. Rapid deployment due diligence teams are often onsite within 24 hours of the commencement of the due diligence process. This streamlined due diligence process includes:
In-depth analysis of the anchor university/college
Examination of the supply & demand characteristics and condition of both on and off campus housing supply
Review of historical and current property-level financial reports
Analysis of potential operational cost savings and rent optimization
Study of market and sub-market dynamics
Property Condition Assessment
Proximity to campus and other points of interest associated with the college-aged demographic
Transactional Expertise
Campus Habitat’s due diligence process allows it to quickly identify opportunity, deploy capital, and execute on its business plan. Adept transactional management allows Campus Habitat to provide sellers with certainty of close. Campus Habitat is able to utilize its expertise in complex deal structuring and management including the assumption of REMIC loans to provide sellers with a seamless transactional experience.
Distressed Opportunities
Campus Habitat’s exceptional acquisition and operational expertise is reflected in the organization’s portfolio of assets. The organization has long targeted underperforming assets given its operational expertise in the repositioning of student housing assets nationwide. Campus Habitat will continue to focus its efforts on the acquisition of underperforming and distressed assets in 2010.
For information regarding Campus Habitat's acquisition program, contact:
Oliver Swan
Campus Habitat
145 Madison Avenue, 6th Floor
New York, NY 10016
(T) 212.419.4467
(F) 866.375.8073
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