After closing six new project financings for five different schools totaling $971,545,000 in 2018, Collegiate Housing Foundation has now undertaken to own, finance, construct and operate 60 student housing facilities of almost 40,000 beds in 24 different states for 46 different schools for total project costs exceeding $3.1 billion.
Ground broken for nearly $100 million project, scheduled for completion in July 2019.
StudentHousingBusiness.com highlights CHF role in financing 1,814 bed project at the University of North Carolina at Wilmington.
Sacramento Business Journal article spotlights CHF’s financing role in new residence hall at the University of California, Davis.
Collegiate Housing Foundation announced today that Leeman H. Covey has decided to retire as President and Chief Executive Officer effective June 1, 2018 after leading the organization in that capacity for over 20 years. Mr. Covey will remain as a member of the Foundation’s Board of Directors.
College Housing Foundation press release details a partnership with the University of California system in which CHF will serve as the ground lessee and borrower in student housing projects.
Article highlights Collegiate Housing Foundation’s role in $38.5 million financing of the first on-campus housing for Northeastern Illinois University in association with American Campus Communities.
Article notes Collegiate Housing Foundation’s public private partnership with the Texas A&M System to finance and construct approximately 4,000 beds of on-campus housing on four separate campuses of the System as an example of a successful P3 venture.
Article highlights Collegiate Housing Foundation’s role in financing $59.6 million student housing project for Illinois State University and $132.2 million for Northern Illinois University.