May 25, 2017

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.

April 26, 2017

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

April 20, 2017

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.

March 17, 2017

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.

June 13, 2016

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.

March 4, 2016

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

October 28, 2015

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.

 

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