West Lafayette, IN (March 1, 2011) – Trinitas Ventures LLC (Trinitas), a leading national developer, builder and manager of student housing, was named one of the top owners within the student housing industry for 2010. According to the November/December 2010 issue of Student Housing Business, the leading news and information portal for the industry, Trinitas was awarded this honor along with other major contributors including American Campus Communities, Education Realty Trust, and The Collier Companies.
“Our focus is on identifying high quality student housing development opportunities and providing top quality service to our investors, clients, and residents,” said Loren King, Chief Operating Officer and General Counsel of Trinitas. “We have never sought to acquire a large number of beds, so it was surprising to see that, even in spite of several dispositions, we own a large enough portfolio of student housing to warrant mention as one of the top student housing owners in the country.”
In late 2010, Trinitas and Chicago-based real estate private equity firm Harrison Street Real Estate Capital (HSRE) formed a $100 million joint venture partnership to develop and manage urban-infill student housing communities throughout the country. The magazine also honored HSRE as one of the top private equity investors in the student housing space.
“I am very optimistic about the current efforts of our development team to identify high-quality, high-return development opportunities in high-barrier-to-entry markets with a quantifiable undersupply of student housing. Regardless of where Trinitas may rank on a list in the years to come, I expect our portfolio’s size and quality to continue to grow in the future,” stated King.
About Trinitas Ventures LLC
Trinitas Ventures is a premier developer, owner and manager of high quality commercial real estate, specializing in student housing and mixed-use communities at high quality universities throughout the United States. Trinitas is a fully integrated real estate firm with expertise in market analysis and identification; site selection and acquisition; property acquisition and due diligence; project planning, design, and financing; and development, construction, property management, and leasing. The privately held real estate development company is headquartered in West Lafayette, Indiana. Learn more about Trinitas at www.trinitas-ventures.com.