TRINITAS PARTNERS WITH UNITED WAY OF GREATER LAFAYETTE

Lafayette, IN; Trinitas, a premier owner, investor, developer, builder and manager of high-quality commercial real estate and student housing communities partnered for its second year with the United Way of Greater Lafayette, Indiana.  The United Way works to create positive changes in the community by defining its needs, coordinating resources to address issues and enabling people within the community to help one another.

This year, Trinitas raised over $18,700 which is over double the amount raised by the company in 2016.  Employees contributed through payroll deductions and pledge cards, which were met dollar for dollar by the company.  In addition, Trinitas held a company-wide raffle which generated $1200 in donations with over 500 tickets sold.

“I am incredibly proud to partner with the United Way for a second year and see our company-wide efforts supporting the cause, continue to grow,” said Loren King, chief executive officer and co-founder.  “Our organization not only passed last year’s donation goal but doubled it, which truly shows the passion of the Trinitas team and the value it places on the community we call home.”

ABOUT TRINITAS

Trinitas is a fully integrated real estate company that invests in, develops, constructs and manages high quality, university-centric commercial real estate throughout the United States. Trinitas currently owns and manages nearly $435 million in housing assets consisting of more than 1,200 apartments.  The privately held real estate development company is currently developing over $535 million in assets for 2018-19 completion. Trinitas is headquartered in Lafayette, Indiana. Learn more about Trinitas at www.trinitas.ventures.

ABOUT UNITED WAY of GREATER LAFAYETTE

United Way of Greater Lafayette is on a mission to empower every person in this community to find their path to success from Cradle to Career.  At United Way, we are more than fundraisers, we are the hand-raisers.  We look for the community’s toughest challenges and bring people together to develop long-lasting impactful solutions. We believe that everyone can play a role in impacting the community.  United we win!

 

Entrata Student Named Management Brain of Trinitas

entrata logoTrinitas, owner, investor, developer, builder and manager of nearly $300 million in student housing assets consisting of more than 2,800 student housing beds, has chosen Entrata Student as its designated property management software provider.

“Our driving force behind the selection of Entrata was to enlist a system and partner that would better serve the nuanced needs of student housing,” said Mark Larson, Chief Financial Officer of Trinitas.  “That approach was intensified to also find a partner that was actively improving and eliciting feedback on their product for future innovations in the space.  Entrata was the platform and the partner we were looking for.”

Entrata Student is a software tool designed to specifically meet the unique needs of student housing operators. It allows the company to improve forecasting, keep organized when turning beds and enables online lease signing and automated renewals.

“Entrata Student is an integrated, cohesive platform that drives us to perform better in resident management, leasing, marketing and turnover,” said Larson. “Having an integrated system for all of those management functions allows us to exploit synergies in our information to make better decisions more quickly.”

Entrata Student leverages the power of Entrata Core to incorporate Trinitas’ property accounting, purchasing, facilities, and leasing data into one comprehensive property management system.

“On the analytics front, our property and portfolio analytics take less time to generate and process through the simplicity of Entrata data extracts,” said Larson.  “Quite simply – all parts of our management business have become quicker, more productive and more accurate.”

In addition, it houses all of Trinitas’ resident management information, and provides instant feedback on important metrics such as occupancy, leads, traffic follow-up and countless other quick-look metrics that are important to running Trinitas’ business.

“At the site level, our efficiency and effectiveness in prospect follow-up has been phenomenal,” said Larson. “We have seen an approximate 40 percent increase in our follow-up schedule through the automation of that process within our Entrata system.”

Entrata allows its users free access to the data collected in the system, enabling Trinitas the ability to easily extract data out of the system for portfolio metrics analyzed by its executive team and investors.

“As a company, our entire site and corporate management team rely on Entrata as the management brain of our organization,” said Larson. “From a Vice President analyzing leasing trends, a leasing agent performing follow-up and a maintenance technician being notified of a work order – Entrata works efficiently across our entire organization.”

For more information on Entrata Student or how to implement Entrata at your organization, please visit www.entrata.com or contact your sales representative.

ABOUT TRINITAS

Trinitas is a fully integrated student housing company that finances, develops, constructs and manages high quality student housing communities at major universities throughout the United States. Trinitas currently owns and manages nearly $300 million in student housing assets consisting of more than 2,800 student housing beds. The privately held real estate development company is currently developing over $200 million in student housing assets consisting of approximately 2,000 beds for 2017 completion. Trinitas is headquartered in Lafayette, Indiana. Learn more about Trinitas at www.trinitas.ventures.

ABOUT ENTRATA

Founded in 2003, Entrata® is the most comprehensive property management software provider with a single-login, open-access Platform as a Service (PaaS) system. Offering a wide variety of online tools including websites, mobile apps, payments, lease signing, accounting, and resident management, the Entrata® platform currently serves more than 20,000 apartment communities nationwide. Entrata’s open API and superior selection of third-party integrations offer management companies the freedom to choose the technology and software that best fit their needs. For more information, go to www.entrata.com.

Trinitas Named as Top Developer by Student Housing Business

Student Housing Business | March / April 2017

Trinitas, a premier owner, investor, developer, builder and manager of high-quality commercial real estate and student housing communities, was named as one of the top ten most active developers within the student housing industry.  According to the March/April 2017 edition of Student Housing Business, the leading news and information magazine for the industry, Trinitas was awarded this honor along with other national leaders in the student housing industry.  Page 70.

Student Housing Business

Trinitas Ventures Receives Four American Advertising Awards

Lafayette, IN; Trinitas, a premier owner, investor, developer, builder and manager of high-quality commercial real estate and student housing communities today announced that it has received four, prestigious American Advertising Awards.

Three silver awards were presented to the marketing team for categories including: integrated brand integrity campaign, collateral material brochure, and mass transit exterior design. Trinitas’ senior graphic designer, Lindsay Courtney, also received the 2016 Rising Star Award given to one person each year recognizing outstanding career achievement and unselfish service to the community.  To date, Trinitas has won seven American Advertising Awards in its two years of being an AAF member.

Alie Hrabe, Trinitas’ Vice President of Marketing and Leasing states, “It is an honor to be awarded four American Advertising Awards for our work among some of the best in the industry.  I am very proud of our team and the work we’ve accomplished with respect to driving visibility of our properties and company brands.  I am also delighted that the creativity of our senior designer, Lindsay Courtney, has been recognized with the Rising Star Award.  It is a well- deserved honor.”

About Trinitas
Trinitas is a fully integrated student housing company that finances, develops, constructs and manages high quality student housing communities at major universities throughout the United States. Trinitas currently owns and manages nearly $300 million in student housing assets consisting of more than 2,800 student housing beds. The privately held real estate development company is currently developing over $200 million in student housing assets consisting of approximately 2,000 beds for 2017 completion. Trinitas is headquartered in Lafayette, Indiana. Learn more about Trinitas at www.trinitas.ventures.

About AAF
The American Advertising Federation (AAF), established in 1905 and headquartered in Washington, DC, is the only organization that includes members across all disciplines and career levels in advertising representing all facets of the advertising industry and acts as the “Unifying Voice for Advertising.” The AAF’s membership is comprised of nearly 100 corporate members comprising the nation’s leading advertisers, advertising agencies, and media companies; a national network of nearly 200 local clubs representing 40,000 advertising professionals; and more than 200 college chapters with more than 5,000 student members. The AAF operates a host of programs and initiatives, including the Advertising

Hall of Fame, the Advertising Hall of Achievement, the American Advertising Awards, the National Student Advertising Competition, the Mosaic Center for Multiculturalism and summer AdCamps for high school students. For more information on the full range of the AAF’s programming, visit www.aaf.org.

Trinitas Sells Portfolio of Premier Student Housing Communities to
The Scion Group

LAFAYETTE, IN (March 17, 2017) Trinitas and Harrison Street Real Estate Capital (“Harrison Street”) announced today that they have sold a portfolio of 2,000 beds in three communities in Southeast and Midwest markets to The Scion Group. The transaction, valued at over $172 million, closed on March 15, 2017.

Trinitas CFO, Mark Larson said, “This portfolio transaction is a testament to the quality student housing development projects the Trinitas team has brought to multiple university markets nationwide.  We look forward to redeploying capital from this transaction to facilitate the execution of our significant development pipeline.”

The properties jointly owned by Trinitas and Harrison Street, and sold to The Scion Group, include The Village at Muller Park, located in Bloomington, Indiana and Alpha, located in Tuscaloosa, Alabama.  The third property included in the portfolio sale, Lux at Central Park, located in Chapel Hill, North Carolina, was [wholly] owned by Trinitas.

Christopher Merrill, Co-Founder, President and CEO of Harrison Street, said “This transaction is emblematic of Harrison Street’s deep sector expertise, creativity and proven track record of creating value for our investors and partners alike.  Initially acquired as single assets or development opportunities, this portfolio consists of nine high-quality properties at which we were able to execute on our business plans often times ahead of schedule.  As the largest private investor in student housing, we are continuing to identify attractive opportunities in the sector.”

Trinitas will continue to manage a diverse portfolio of student housing assets located at Purdue University, The University of Arkansas, University of Illinois at Urbana-Champaign, Indiana University-Purdue University Indianapolis, University of Nebraska – Lincoln and Miami University in Oxford Ohio.  Looking forward, Trinitas has multiple projects consisting of over 10,000 beds in various stages of the development process for delivery within the next 36 months.

Trinitas is a fully integrated student housing company that finances, develops, constructs and manages high quality student housing communities at major universities throughout the United States. Trinitas currently owns and manages nearly $300 million in student housing assets consisting of more than 2,800 student housing beds. The privately held real estate development company is currently developing over $200 million in student housing assets consisting of approximately 2,000 beds for 2017 completion. Trinitas is headquartered in Lafayette, Indiana. Learn more about Trinitas at www.trinitas.ventures.

About Harrison Street Real Estate Capital
Harrison Street Real Estate Capital LLC is one of the leading real estate investment management firms exclusively focused on the Education, Healthcare and Storage sectors. The firm has created a series of differentiated investment products across multiple risk/return platforms. Headquartered in Chicago with office in London, the firm employs a 90+ person team and has approximately $12.2 billion in assets under management. For more information, please visit www.harrisonst.com.

Trinitas Breaks Ground On New Student Housing Community in Oxford, Ohio

OXFORD, OH (June 13, 2016) Trinitas, a premier owner, investor, developer, builder and manager of high-quality commercial real estate and student housing communities, recently broke ground on a luxury, student housing project located in Oxford, Ohio.  Annex, a 202-unit, 643-bed property will reside on 37 acres of land south of the Miami University campus on State Road 27.  Annex will feature a mix of two, three and four bedroom cottages and 1, 2 and 4 bedroom town homes. Each fully furnished unit will include spacious bedrooms with private bathroom suites, walk-in closets, a washer and dryer unit and high-speed internet with wireless capabilities.

AnnexGroundBreaking_NoBackground

The complex, designed by KJG Architects, includes 82 buildings and amenity area and is anticipated to open in August 2017.  It will boast 370,000 square-feet of luxury amenities including an outdoor courtyard with a basketball court and resort-style pool and sundeck with water volleyball and grilling stations and nature preserve.   Residents will have access to a 9,312 square-foot, all-inclusive club house which will feature a state-of-the-art fitness center, free tanning, a computer café, private study lounges, gaming stations and large screen TVs.

“Annex is ideally located for the Miami University students and provides new home style living with apartment style amenities,” said Travis Vencel, Executive Vice President of Development at Trinitas.  “We have put a lot of effort in designing a property that will complement the Oxford market and are very excited about the potential of this market; the students of Miami deserve this type of product.”

Trinitas is a fully integrated student housing company that finances, develops, constructs and manages high quality student housing communities at major universities throughout the United States. Trinitas currently owns and manages $400 million in student housing assets consisting of more than 4,800 student housing beds. The privately held real estate development company is currently developing over $205 million in student housing assets consisting of over 2,000 beds for 2016 and 2017 completion. Trinitas is headquartered in Lafayette, Indiana. Learn more about Trinitas at www.trinitas.ventures.

Trinitas Ventures to begin construction next month on Annex housing development

Home 1

More student housing is on the way after the plan to build a new housing development was approved by the Oxford City Council. Trinitas Ventures, based in Indiana, will begin building Annex next month. This new student housing community will be located less than a mile from campus, across from the Level 27 apartment complex. Alie Hrabe, vice president of marketing and leasing for Trinitas Ventures, said the construction will begin in April, and the apartments will be available for lease starting in fall 2017. Miami Student

Trinitas breaks ground on student housing project in downtown Indianapolis

LAFAYETTE, IN (October 28, 2015) Trinitas, a premier owner, investor, developer, builder and manager of high-quality commercial real estate and student housing communities, recently broke ground on a luxury, student housing project located in downtown Indianapolis.  The Collegiate, a 193-unit, 669-bed property will reside on 2.8 acres of land at the northeast corner of West Michigan Street and North Capitol Avenue and will feature a mix of one, two, three and four bedroom apartments. Each fully furnished unit will include spacious bedrooms with private bathroom suites, walk-in closets, a washer and dryer unit and high-speed internet with wireless capabilities.

Exec Team + SarahThe complex, designed by Ratio Architects, includes two buildings ranging from five to eleven stories and is anticipated to open in August 2017.  It will boast 3,100 square-feet of retail space and 370,000 square-feet of luxury amenities including a five-level parking garage, outdoor courtyard with a basketball court and resort-style pool and sundeck with water volleyball and grilling stations.   Student residents will have access to a 5,196 square-foot, all-inclusive club house which will feature a state-of-the-art fitness center, free tanning, a computer café, private study lounges, gaming stations and large screen TVs.

“The Collegiate is ideally located for the IUPUI student, near campus and walking distance to the amenities of downtown,” said Travis Vencel, Vice President of Development at Trinitas.  “We have put a lot of effort in designing a property that will complement the downtown Indianapolis market and are very excited about the potential of this market.”

Trinitas is a fully integrated student housing company that finances, develops, constructs and manages high quality student housing communities at major universities throughout the United States. Trinitas currently owns and manages $400 million in student housing assets consisting of more than 4,800 student housing beds. The privately held real estate development company is currently developing over $205 million in student housing assets consisting of over 2,000 beds for 2016 and 2017 completion. Trinitas is headquartered in Lafayette, Indiana. Learn more about Trinitas at www.trinitas.ventures.

 

The Trinitas Difference

 LAFAYETTE, IN (August 11, 2015) Trinitas is a premier owner, investor, developer, builder and manager of high-quality commercial real estate and student housing communities.  With two generations of Kings at the helm, Trinitas draws on its exceptional heritage, commitment to excellence and core business integrity to ensure the firm’s position at the forefront of the industry.  As an established leader in the student living space, Trinitas relies on the company’s team of accomplished veterans who understand the key facets of the industry and are able to effectively develop their properties and those of their partners. What sets Trinitas apart from other student housing companies is that they also rely on input and expertise from the students within the markets that they serve.  This is The Trinitas Difference.

One of the ways that Trinitas sets itself apart from competitors is through their unique student property naming contest. Dub the Digs is a month-long naming contest which gives students an opportunity to leave their legacy by naming the student housing community being developed by Trinitas in their market.  The student who enters the winning name, as decided upon by the company’s executive team, receives $5000 cash and public recognition for their contribution.  Since the inception of Dub the Digs, three students at the University of Alabama, University of Arkansas and University at Nebraska—Lincoln have been awarded $15,000 for their prize winning names.

“At Trinitas, we believe that a student’s living environment has an impact on learning,” said Alie Hrabe, Vice President, Marketing and Leasing.  “Everything from the design and amenities of our communities to our residence life program is focused on providing a positive experience for our student residents.  The Trinitas Difference begins with the naming of our properties by university students and continues through every aspect of the property.  At Trinitas, our ultimate goal is to ensure that each resident is more successful by having lived at one of our communities.”

Another way the company exemplifies The Trinitas Difference is through their partnership with Indiana University (IU).   For the past three semesters Travis Vencel, Vice President of Development at Trinitas, has collaborated with IU’s Department of Kinesiology to develop the Matrix Fitness Project.  Through this project, Travis challenges IU students to design a college housing fitness area that encompasses what students want and what they need to be healthy, while also staying within budget constraints.  Students are asked to analyze and present information related to the use of student technology habits while working out as well as improve Matrix cardio consoles by including creative entertainment ideas in their design.

“Trinitas Ventures cares about what students want in their living areas,” said Carol Kennedy-Armbruster, PhD. “I was impressed that Trinitas personnel sought out my kinesiology students input on designing the fitness and wellness areas of their living units.  Students seek real life learning experiences and appreciate the opportunity to contribute to building healthy college communities. Trinitas values student input which makes our collaboration a win-win for both of our organizations. They not only build living quarters, they create experiences that meet student needs.”

Trinitas also enlists help from students in the area of design.  In 2012, the company partnered with Herron’s Basile Center for Art, Design and Public Life to enhance one of their student housing communities, 1201 Indiana, through public art.  Several students from the Fine Art Center presented to Trinitas, as well as Indianapolis stakeholders, and the distinguished group selected a sculpture, Moving Forward, by Brett Harbour.  Harbour, a senior and fine arts major at the time, said, “Something that stood out to me at 1201 Indiana Avenue was the commitment to community and the progressive environment that Trinitas developed. The atmosphere at 1201 Indiana seems designed to promote continual study and wellbeing for the community.”  Harbour went on to design a second art piece at LUX, Trinitas’ student housing community in Chapel Hill, which opened in 2014.

Although The Trinitas Difference is apparent via the company’s community names, fitness areas and design, it is perhaps most evident through the company’s Community Assistant (C.A.) program.  As a community assistant, student residents are exposed to dynamic and diverse opportunities that can serve as platforms for their career.  They are responsible for delivering superior service to residents as well as fostering strong communities that contribute to positive living experiences.  Through this program, student residents work directly with residents to forge connections that build an engaging residential community and a flawless housing experience.  The purpose of the C.A. program, as well as the various other opportunities that Trinitas offers, is to ensure that both employees and residents are more successful by having lived at a Trinitas community.  This is The Trinitas Difference.

Trinitas is a fully integrated student housing company that finances, develops, constructs and manages high quality student housing communities at major universities throughout the United States. Trinitas currently owns and manages $300 million in student housing assets consisting of more than 4,000 student housing beds. The privately held real estate development company is currently developing over $215 million in student housing assets consisting of over 3,650 beds for 2015 and 2016 completion. Trinitas is headquartered in Lafayette, Indiana. Learn more about Trinitas at www.trinitas.ventures.

Construction Has Begun On Our Newest Student Housing Project In Lincoln Nebraska

Work has begun on Lincoln’s newest student-oriented housing project. Alie Hrabe, Vice President, Marketing and Leasing at Trinitas of Lafayette, Indiana, said foundation work has begun at the 8N Lofts at Eighth and N streets. The seven-story building will have 172 fully furnished apartments with 624 total bedrooms. Trinitas describes the project on its website as an upscale building that will include a “Husker Sky Deck” on the top floor with a large-screen TV, fire pit, hot tub, sundeck and grilling stations.

Journal Star