The University of California, Irvine campus (“UCI”), has partnered with CHF for over 10 years. In that time over 5,000 beds have been developed and managed with another 3,500 beds coming on line in the near future. CHF has assisted through the planning, development and operational stages and has always offered sage advise, assured the operations are done per the requirements of the ground lease and IRS rules for tax exempt projects, consulted with UCI on its student needs and growth patterns, and been a partner that is focused on meeting all requirements of ownership correctly.

The important part of a relationship is each party being able to take positions and then be willing to reach solutions. CHF has been this type of partner and we see its team continuing to stay in partnership with UCI while offering the valuable services needed for the third-party student housing developments on our campus.

Richard E. Orr, Ph.D, Associate Vice Chancellor (Retired), Real Estate Services, University of California, Irvine