CLS announces it has been awarded the management of two properties, in their continued relationship with Orion Student Housing
AUSTIN, TX — October 17, 2022. Austin-based Campus Life & Style (CLS) — one of the nation’s leading student housing property management firm, announced this week it has been awarded the management of The Cove at Coastal Carolina, a 396-bed property in Conway, SC and University Edge in Waco, TX, a 236-bed property. As of today, both properties are occupied at
98% and 99% respectively.
The Cove is located just minutes from Coastal Carolina University, a short walk from downtown Conway and a quick drive to Myrtle Beach, The Cove offers sophisticated student living that’s truly in a league of its own.
University Edge, located just minutes from Baylor University, offers sophisticated student living that’s truly in a league of its own. Within our community, residents and their friends enjoy our resort-style pool, state-of-the-art fitness center and full-size basketball and volleyball courts.
“We are proud and excited that our successful partnership has yielded more opportunities,” stated Jim Sholders, Chief Executive Officer of CLS. Mr. Sholders added, “CLS performs on its clients’ vision to exact standards without compromise, resulting in market leading occupancies and rent growth. We are excited to partner with Orion Student Housing on these additional deals to create additional real estate value for their assets as we have for ours.” Orion is a joint venture between WFI and Wills Companies focused on the student housing sector.
Collectively, CLS’s leadership has overseen the management and repositioning of approximately $12B in student housing, creating tremendous value for owners, partners, and investors. CLS manages a student housing portfolio consisting of over 28,000 beds inclusive of this latest assignment. The CLS team has built a best-in-class operating platform consisting of exceptionally talented personnel dedicated to providing residents with industry-leading customer service. CLS is the only student housing management company in the U.S. to have participated in The Forbes Travel Guide’s global training platform focused on five-star hospitality and concierge services.
CLS’ select third-party management offering provides clients with an unmatched level of attention, along with unsurpassed talent, knowledge, creativity, and standards of excellence.
“Our third-party management offering provides our clients with an unmatched level of attention, along with unsurpassed talent, knowledge, creativity, and standards of excellence”, said Elliot Tamir, Co-Founder of Vesper Holdings and Campus Life and Style.
CLS partners with every client-owner, using its own assets to bring best-in-class practices in operations, marketing, leasing and every aspect of property development and management to bear for their properties. Besides creative, out-of-the-box thinking, luxe environments and excellence in every aspect of property management, CLS provides world-class service.
About Campus Life & Style
Founded in 2015, Campus Life & Style is Vesper Holdings’ property management subsidiary based in Austin, Texas. As one of the largest student housing operators in the industry, CLS manages a portfolio consisting of 60 communities that total over 28,000 beds. CLS’ senior leadership team features one of the most experienced and respected line-ups of student housing professionals in the United States. CLS is helmed by industry veteran Jim Sholders. Prior to joining CLS, Mr. Sholders served as a top executive at American Campus Communities (ACC) and was responsible for the overall fiscal operations, asset management, leasing, and personnel supervision of ACC’s entire owned portfolio.
For more information about Campus Life & Style, visit www.clsliving.com.