Tag Archives: Community

Campus Crest Collaborates with Habitat for Humanity’s ReStore

When Campus Crest acquired an existing property near the OSU campus in Stillwater, OK, the firm knew a major interior renovation would be required to bring the property in line with its existing portfolio.

This presented a new opportunity for collaboration with the local community and Campus Crest Communities, Stillwater Habitat for Humanity, Stillwater Public Schools, Oklahoma State University and North American Van Lines who collaborated to execute the largest donation to date for the Stillwater Habitat for Humanity’s ReStore.

Stillwater_river_habitatThe donation was valued at well over $100,000 in ReStore value and included Campus Crest donated household items from more than 135 apartments, including refrigerators, microwaves, dishwashers, washers, dryers, couches, coffee tables, dining room sets and other miscellaneous items.

“Reuse of existing furniture and appliances not only reduces demand of virgin material but also provides quality goods at an accessible price point for those who cannot afford to purchase new,” said Ted Rollins, co-founder and CEO of Campus Crest Communities.

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Tuscaloosa City Council unanimous in approval of new student apartment complex

A new $30 million, 628-bed student housing complex by Campus Crest Communities gained unanimous approval from the Tuscaloosa City Council.

Led by CEO Ted Rollins, the firm develops, owns and manages student-housing communities throughout the U.S.

The City Council heard a rezoning request to convert 0.4 acres of the overall 15.86-acre site to riverfront development zoning, putting it in line with the remainder of the tract. A second item was a vote to approve the site development plans of The Grove at Tuscaloosa, which is a City Council requirement for any project in the riverfront development zone.

“It’s been a long time coming for us,” said Alex Eyssen, director of development for Campus Crest Development, the Charlotte, N.C.-based company behind the project. “We look forward to being a long-term member of the community.”Tuscaloosa

At this stage, the project still needs to obtain permits and have its plans finalized by the city’s Department of Planning and Development Services. The 228-unit complex is expected to be complete for the fall 2015 semester.

The proposed development plans to have a clubhouse, swimming pool, recreational areas and a parking deck. Units will be furnished, with full kitchens, washers and dryers and high-speed Internet access.

The developers also intend to construct a $1 million improvement to the interchange of Jack Warner Parkway and McFarland Boulevard to provide better access to their Sixth Avenue development.

The plans’ approval by the City Council paves the way for the construction, which will be alongside The Bluffs at Waterworks Landing, a 116-unit, 208-bed complex completed alongside the Black Warrior River in 2008.

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Campus Crest one of Charlotte’s top-performing public companies

Led by CEO Ted Rollins, Campus Crest reports a boost in Q2 with net income available to common shareholders of $2.8 million, or 4 cents per share, in the second quarter, swinging from a loss of $676,000, or 2 cents per share, a year earlier.

CharlotteCampus Crest is one of the Charlotte area’s top-performing public companies, according to Charlotte Business Journal research. The firm develops, owns and manages student-housing communities throughout the U.S. Revenue for the Charlotte-based student-housing developer totaled $38.9 million in the latest period, up from $35.4 million last year’s second quarter, according to its earnings release.

During the latest quarter, Campus Crest announced a deal with Beaumont Partners that will take the local developer into Canada for the first time. As previously reported, that venture involves buying a 33-story, 711-room hotel in Montreal and converting it into student housing.

Campus Crest has six projects under construction, with completion expected in time for the 2013-14 academic year.

For the year to date, Campus Crest has earned $3.8 million, or 7 cents per share, on revenue totaling $74.2 million. The company lost $2.3 million, or 7 cents per share, on revenue of $68.3 million in the first half of last year.

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Campus Crest launches upscale urban housing concept

As a new method of targeting mature undergrads and grad students, Campus Crest Communities, Inc. has introduced a new brand to strengthen its product offering and growing family of brands: evo™, an upscale urban student housing concept.

Campus Crest, led by Ted W. Rollins, co-Founder and CEO,  will develop dynamic, sophisticated student housing properties in urban settings, and will open its first two Evo properties in the Fall of 2014.

The Grove at Cira Centre South in Philadelphia will be renamed Evo at Cira Centre South. Evo at Cira Centre South will be the tallest student housing property in the country with 33 stories and 850 beds. Evo Montskyline-640x382real is the Company’s first entrance into the international market and will feature 1000+ beds, state of the art study lounges, fitness centers and well-appointed apartment suites.

“We are the pioneers of the hospitality brand model in the student housing industry, and the evo brand is a natural complement to our existing portfolio. The brand solidifies our commitment to evolve student living in urban markets by providing an unmatched living experience with state-of-the-art amenities and conveniences,” said Rollins.

Evo will be joining Campus Crest’s brand portfolio that consists of The Grove and Copper Beech.

The Grove is Campus Crest’s garden-style brand of lifestyle-driven student housing communities, located across the U.S. The Grove communities embrace a flat rate concept with an active residence life that has proven to be very attractive to college students and parents.

Copper Beech is the Company’s townhome community brand, focused on delivering value to upper classman and graduate students looking for a more residential feel and freedom in their college experience. Each Copper Beech community typically features the largest units in the market with one, two, three, and four bedroom townhomes.

The Company’s vertically integrated platform, solid operating strategy, and exceptional talent base will continue to propel all three brands forward.

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Campus Crest rings The Opening Bell® at NYSE

Campus crest nyse

On Friday, July 5th representatives from Campus Crest Communities (NYSE:CCG) and its operating partner, Copper Beech Townhome Communities, visited the NYSE and ring The Opening Bell®.

Campus Crest develops, builds, owns and operates student housing communities that make a positive impact on the world. It all began with a unique vision: to create a vertically-integrated platform that could develop the best student housing properties in the industry. The Company believed it could make a difference in college students’ lives by delivering a resident-focused, service-enriched experience they couldn’t find anywhere else.

Since 2004, Campus Crest, led by CEO Ted Rollins, has risen to the top of the student housing industry because of its value-driven, vertically integrated platform and hospitality brand approach. Currently, Campus Crest’s student housing properties operate under two brands, The Grove® and Copper Beech.

Its portfolio consists of 84 communities in proximity to college campuses located throughout the U.S. With more than 44,000 beds, Campus Crest is the second largest public student housing platform. The Company continues to grow organically by delivering new properties each academic year.

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Campus Crest proposes new student housing development in Tuscaloosa

Campus Crest Communities, a leading developer, builder, owner and manager of high-quality student housing properties led by CEO Ted Rollins, is proposing a new student housing development in Tuscaloosa. This is a 228-unit, 628-bed complex planned for Sixth Avenue Northeast on the site of the city’s former water works operation, just north of the intersection of McFarland Boulevard and Jack Warner Parkway.401px-Black_Warrior_River,_taken_by_beigeinside

Before construction can begin on the project — The Grove at Tuscaloosa, proposed by Campus Crest Development of Charlotte, N.C. — it must go through an approval process with City Hall.

The city Planning and Zoning Commission will hear a rezoning request for the 0.4-acre site. It will then go before the City Council for a final vote.

Alex Eyssen, director of development for Campus Crest Development, cited the proposed development’s proximity to campus — less than a mile from classroom buildings — and the Black Warrior River as a reason Campus Crest Development sees this as a worthwhile investment.

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Ted Rollins constructs playground for children’s home

The children at SOS Children’s Village in Barrett Town, St James now have another reason to play outside.

Just recently, they received a new playground donated by United States (US)-based Campus Crest Communities, Inc. The company was co-founded by Ted W. Rollins, son of the late American businessman and entrepreneur John W. Rollins. John, together with Dr Harland Hastings, Johnny Cash and Professor Heinz Simonitsch, founded SOS Children’s Villages Jamaica in 1970.CampusCrest-Tedrollins

A leading owner and operator of student housing properties located across the US, Campus Crest shares a historical link with SOS Children’s Villages Jamaica. Ted Rollins, who serves as Campus Crest’s CEO, always admired his father’s philanthropic endeavors and passion for helping the underprivileged children of Jamaica. Having spent a great deal of his childhood on the island, he witnessed first-hand the positive impact SOS Children’s Villages had on the community. With the passing of his father, Rollins vowed to carry on his legacy by supporting the organization through volunteerism and charitable contributions.

Recently, Rollins arrived in Jamaica to give back to the village that helped shape his future and that of so many other youths. He was joined by his brother Michael, niece Catherine, 11 of his Campus Crest colleagues, and Andrew Johnson, from the nursery at Rose Hall Developments.

Rollins worked side-by-side with SOS Villagers to construct a new 3,200-square foot playground. A few hours, some teamwork and 2,500 bags of rubber mulch later, the sound of clanging hammers and wrenches was replaced by children’s laughter as the playground was complete.

Corporate generosity is not new to Campus Crest. The company also provides housing to Horatio Alger scholars who chose to attend universities where Campus Crest operates student housing communities. The Horatio Alger Association, another worthwhile cause championed by Ted and The Rollins Family, is an organization devoted to honoring the achievements of outstanding individuals who have succeeded in spite of adversity.

Several of SOS Village children have been recognized as Horatio Alger scholars, including Suny Maritime Engineer Markham Laird and Biochemist Dr Steven Bahado-Singh.

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Ted Rollins shares real estate management directives

Ted Rollins, CEO of Campus Crest, is dedicated to four specific directives in terms of real estate management of his properties.  In order to insure quality, these principles were developed to help manage the sites with quality and proactive response.

The first directive is “keep it pretty”.  It’s nearly impossible to change a person’s first impression. So the appearance of Campus Crest Communities is vital to attracting prospective residents. Rollins’ property level management teams are accountable for regular reporting, preparing for executive management site visits, quarterly quality audits and most importantly, maintaining a facility that our residents can be proud of and their friends envious.

“Keep ’em fun” is the second initiative. Creating the lifestyle is what sets Campus Crest apart from everyone else. Getting students and staff involved in something bigger than themselves, including helping to create friendships and lifelong bonds. There are so many great events ranging from Crawfish boils to yoga classes. Rollins is creating more than just a place to stay; he’s creating a community.

Thirdly, the dedicated Campus Crest teams are committed to “keep ‘em full”.  Nobody wants empty rooms, so staff is educated on the best ways to sell the Grove Lifestyle. They’re also trained in hospitality management, lifestyle programming and customer service. As a result, resident retention is one of the highest in the industry.Ted-Rollins-CampusCrest-students-Housing

“We want everyone to know that we don’t just build and fill buildings,” said Rollins.  “We create communities. And we use this message to help achieve our leasing goals.”

Finally, the end goal is to “keep ’em profitable”.  As for most businesses, profit is essential. Campus Crest has been working with one of the leading multifamily software designers to create a platform for its operating properties. It gives real-time data to the local area and corporate managers in order to keep a tight control on property operating expenses.

“We educate our mangers to focus on creating a stronger bottom line so the company and everyone involved can enjoy the opportunities it brings,” said Rollins.

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