Announcement Date: December 18, 2017
Atlanta, GA — Haven Campus Communities announced on December 18, 2017 that it entered into a joint venture with Preferred Apartment Communities (PAC) for Haven South, a 250-unit, 840-bed student housing community located next to Baylor University. Haven will maintain an equity ownership interest in the joint venture, and Preferred Campus Management, LLC, a dedicated manager of student housing communities and a wholly-owned subsidiary of Preferred Apartment Advisors, LLC, the Company’s external manager, will manage the business and operations.
Haven Campus Communities is focused on creating high quality student housing communities throughout the United States. The management team is comprised of seasoned professionals who are committed to delivering products that meet the demands and exceed the standards for students, parents, educational institutions, as well as the adjoining community. Since its formation in 2013, Haven has seen tremendous growth within the student housing industry with ten development projects and more than $550 million in development.