Student Housing Projects Come Together Better and Faster
with zumBrunnen on the Team
Student housing projects represent a rapidly growing market. Both public and private colleges, large and small, are moving away from managing their own facilities and relying on the expertise of owners, investors, developers and third-party management companies to provide quality student housing options.
In an industry of fast-track transactions and accelerated construction schedules, having an independent building expert on the team keeps things on schedule and saves money. For acquisitions, zumBrunnen evaluates individual properties and/or entire portfolios to accurately assess property condition to enhance negotiations. For new construction, zumBrunnen collaborates with the project team, builds consensus, solves problems, and gets projects completed quickly, so clients can move on to their next project or development.
In the student housing market, we are generally hired by Owners and Operators, Lenders and Investors, Developers, Property Management firms and other companies involved in the acquisition, development, renovation, repositioning, re-branding and portfolio management of student housing communities.
Services Typically Provided for Student Housing Clients:
We help clients with student housing communities evaluate the condition of properties, particularly when the assets are being bought and sold. We also oversee new construction projects, coordinate renovations and/or expansions and assist with major repairs. Services we typically provide in this market include:
- Property Condition Assessments (for Acquisitions and Dispositions)
- Construction Management for Projects and Repairs
- Comprehensive Pre-Closing Document Review
- Construction Monitoring for New Buildings and Additions
zumBrunnen also offers a broad range of services from hourly consulting (to help with a specific question or issue) to a comprehensive range of services for construction monitoring, property condition assessments, and the development of capital replacement budgets or reserve studies. Please feel free to call us at 404-601-4050 or email us to discuss your specific needs.
Representative Student Housing Clients:
Lofts at Mercer Village, Mercer University,
University of South Carolina Student Housing,
Columbia, South Carolina
University Park at Evansdale Student Housing, University of West Virginia,
Morgantown, West Virginia
Aspen Heights Student Housing, University of Nebraska,
“zumBrunnen provided construction monitoring services for phase II of the Mercer Lofts mixed-used development. As a banker, I appreciated their attention to detail and assistance in helping me review change orders and monitor other issues. Their knowledge of construction and the level of detail in their monthly reports helped our team successfully complete the project.” – Brandon Mercer, Senior Vice President, State Bank & Trust Company
“We have worked with zumBrunnen on all our projects in the Washington, DC area for the past seven years. In addition to construction monitoring, we have also engaged zumBrunnen to provide plan review and incorporated their recommendations to be proactive prior to beginning construction. They have a great team, and their reports are well-written, thorough and easy to follow. During their inspections, they are respectful and do a good job addressing opportunities in the spirit of team work. At the end of the day, zumBrunnen was instrumental in helping us provide a better quality product.” – Scott Lanz, former Group Vice President, Archstone