GREYSTAR ON CAMPUS Custom Management Solutions for College & University Partners
PARTNERSHIPS THAT ENHANCE STUDENT LEARNING
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We know from experience – operating student housing can be tough. But we’re deeply rooted in the industry, and we wouldn’t have it any other way. We’ve spent years cultivating the resources needed to be skilled stewards of the assets we manage for all our forward-thinking clients. Our team brings strategic thinking, turnkey & customized solutions, and historical experience operating on campus – all backed by the strength of our collective organization. Think of Greystar as your student housing partner.
Overview
Case Studies
Management Services & Solutions Management Systems Technology Services Marketing Services Maintenance & Custodial Approach Transition Services Residence Life Graduate Student Housing Management
Portfolio
Testimonials
Why Greystar on Campus?
Northern Michigan University
COMPANY WIDE
~794K UNITS/BEDS MANAGED
227 MARKETS GLOBALLY
17 COUNTRIES
21.4K+ TEAM MEMBERS
65 OFFICES AROUND THE WORLD
UNIVERSITY RELATED
Mississippi State University
~$11.8 BILLION STUDENT HOUSING ASSETS UNDER MANAGEMENT
85+ TOTAL UNIVERSITIES SERVED
109,000+ STUDENT BEDS MANAGED ON AND OFF CAMPUS AROUND THE GLOBE
We Deliver More than Student Housing: Greystar develops and invests across multiple asset classes including student, workforce, conventional multifamily, 55+, office, retail, hospitality, life science, and logistics.
We are an industry leader in the finance, design, construction, and management of real estate across the globe. Greystar currently manages over $38 billion of equity across multiple vehicles and strategies, catering to a diverse group of capital partners and investors. As one of the industry’s largest and most experienced firms, Greystar oversees over $250 billion in real estate, including over $62 billion investment portfolio of nearly 794,000 units and student beds in 227 markets.
With over 58 years’ experience in on- and off-campus housing development and management, Greystar has the vision, expertise, and financial strength to help our partners achieve their goals related to housing for undergraduate, graduate, faculty, staff, and alumni, as well as multi-use facilities including life science, classroom space, offices, hospitality, retail, and dining.
58 YEARS OF ON-CAMPUS DEVELOPMENT AND MANAGEMENT
5,647 ON CAMPUS THIRD PARTY MANAGED BEDS
14,493 ON CAMPUS OWNED MANAGED BEDS
Numbers as of September 30, 2022
Greystar.com
We have always been at the forefront of innovation in the student housing industry. Whether it’s Live-Learn housing, Honors Residential Colleges, modernization of existing residence halls, mixed-use development with classrooms and faculty offices, or even an entire town center, Greystar has the knowledge, experience, and flexibility to serve the needs of your students and your university. Innovative Live-Learn Communities Where Students Thrive MANAGEMENT SERVICES & SOLUTIONS
WE DELIVER.
Greystar On Campus offers college and university partners turnkey, and customized management solutions focused on supporting student success and retention. Our customizable approach allows us to bring your facilities management, capital improvement, occupancy & expense management, and residence life experience goals to fruition. Our management services team have both the experience and expertise necessary to smoothly transition existing beds, as well as bring newly developed beds to market quickly and efficiently. Greystar’s unique On Campus approach is based on our ability to form a true partnership with each institution we work with. Through our decades of experience, we are skilled stewards at speaking the collegiate language, and we have become masters at developing student housing strategies that operate seamlessly with each of our college and university partners.
Northern Michigan University
First-year student enrollment increased 10% annually for two years at Northern Michigan University after opening The Woods, a 1,229-bed facility for students.
The University of Kentucky reports 25% higher grade point averages for students in living-learning centers and 10% higher retention compared to students living off campus.
6% increase in enrollment since Honors College and Sawtooth Hall opened at Boise State University in 2017.
Boise State University
University of Kentucky
Greystar.com
Comprehensive Management Services
Living on campus in an environment that complements the classroom or laboratory is directly linked to student success. Studies show that students choosing to live on-campus have an average GPA that is as much as a full point higher than their counterparts living off-campus. Additional studies show that students who live on campus for at least two years are 25% more likely to graduate than students who do not.
After half a century of experience, Greystar has learned that success comes down to providing a quality product, as well as providing superior customer service. We understand our residents and their needs, which allows us to deliver the best residential experience possible. Greystar provides world-class service through expertise, innovation, technology, and numerous tools to serve our clients and our residents. Our key to success is unmatched customer service, a strong sense of community, and dedication to fostering relationships. Greystar understands students’ academic, social, and developmental needs and empowers site teams to create a sense of community. We are also dedicated to fostering strong relationships with the universities themselves. Through our decades of experience in the industry, Greystar has developed strategies to operate housing seamlessly in tandem with university teams nationwide.
Student GPAs
Off-Campus
On-Campus
Student Graduation Rates
Off-Campus
University of Kentucky
On-Campus
In 2017, we delivered the latest phase of modern on-campus housing at the University of Kentucky, adding 6,850 beds total.
Greystar.com
By combining the latest in technology with our industry experience, local market expertise, and process knowledge, we deliver optimal value to our university partnerships, residents, and on-site team members.
Lehigh University
Greystar offers powerful and scalable technology systems designed to meet the complex requirements of managing student housing assets that also create opportunities to optimize performance. Management Systems
Live Here. Live Well is a key initiative developed through closely monitored feedback to create consistently unrivaled experiences for our residents. Health-conscious values are implemented through the promotion of nutritional habits, physical fitness, mental strength, and service opportunities to give back to the community.
Greystar provides services designed to facilitate the management of occupancy, revenue, expenses, reputation, and more. Technology Services
Our unrelenting focus on the student and their success fuels our passion to create collaborative environments where your students and faculty thrive.
Boise State University
Greystar.com
Maintenance & Custodial Approach
Marketing Services
As a leading real estate owner and operator, Greystar has substantial experience with long-term university facility operations, maintenance, and asset management. Greystar has a comprehensive approach to cost-effective facility maintenance that allows us to initiate repairs when necessary and plan for improvement of the facilities within the existing capital funds reserves. Our approach includes quality staffing, online work-order planning/execution and loss prevention, and the highest standard of customer service. Greystar has substantial background in long-term capital improvement plans for university facilities. Greystar is committed to maintaining communities at an APPA Level 2 condition throughout the term of our partnership.
Greystar truly understands the evolving needs of our students within each individual collegiate experience. Our marketing teams partner with our property operations teams to implement strategies that drive performance goals. Located in more than 25 cities, more than 125 marketing experts deploy innovative, yet cost-effective marketing tools and resources to ensure our on-campus communities gain broad exposure, qualified traffic, and maximize leasing performance. We work with institutional marketing teams to understand brand standards to implement cohesive marketing strategies. The regional marketing team collaborates closely with our four strategic national marketing centers of excellence: Digital Marketing – This team transforms paid media strategy to improve performance and generate higher ROI through the use of media ads and preleasing/ renewal campaigns that drive brand awareness. Marketing Operations – Our operational experts support quick-turn needs and deliver innovation, insights, and property marketing support to the entire U.S. property management portfolio. Performance & Analytics – Our robust performance data and analytics strategists focus on data environments while enabling innovation and growth capabilities. Creative Services – Our full-service, internal agency team creates brands and campaigns that speak to our students in a meaningful way. This team supports consumer insights & strategic planning, branding & creative development, web development & content marketing, public relations, media buying and reporting & optimization.
Mississippi State University
Greystar.com
Greystar provides seamless transitions for institutional partners transferring to our management. We utilize proven strategies that minimize operational disruption and maximize long-term performance. Working in conjunction with support services team members, the property transitions team oversees the process for management transfers, helping to ensure that best practices and data-informed procedures for smooth transitions are followed before, during, and after the management-onboarding process. Transition Services
Residence Life
The residential learning environment provides educational opportunities for students that support the strategic direction and mission of partner universities. Partnerships with faculty, academic administrators, and other campus and community constituents are developed to utilize student housing as an extension of the classroom. Greystar’s customized, collaborative, and cooperative approach to resident life and student success integrates our organization’s core values and objectives while meeting the specific needs of the students and our partner institutions. Greystar has successfully integrated campus co-curricular, student development, and other programming frameworks into our requirements, staffing plan, and budgeting processes. Our plans complement our partners’ institutional mission, supports academic initiatives and student success, and exceeds the expectations of our partners, students, and their families/guardians.
University of California, Berkeley
Cornell University
Greystar.com
Graduate Student Housing Management
Greystar has significant experience providing graduate and professional students with quality and affordable housing located on and adjacent to campus. Our successful approach to managing graduate housing is grounded in our ability to meet the specific needs of graduate students. We do this by: » Offering flexible lease terms – start and end dates – to accommodate varied grad student leasing cycles » Scheduling multiple move-in and move-out dates to accommodate varied grad student schedules » Coordinating with graduate deans to ensure important dates correspond with the academic calendar » Offering 100% online leasing
» Offering 100% online maintenance request management » Providing graduate student-friendly policies and procedures » Extending hours of operation – evenings and weekends
» Offering graduate student and family-friendly community programming involving the community center and coordinated with University Student Life staff, Council of Graduate Students, and international student organization » Providing 24-hour emergency response
Housing
University
Beds
Open
Syracuse University
Campus West
313
2012
University of Kentucky
University Flats
139
2017
Cornell University
Maplewood Apartments
872
2018
University of Massachusetts, Amherst
Massachusetts Avenue Project
201
Fall 2023
University of Pennsylvania
The Accolade on Chestnut
588
Fall 2023
Greystar.com
Our team creates vibrant Live-Learn Communities designed to support students in their academic and personal growth, while enhancing friendships and allowing students to connect with a supportive network of peers and faculty.
Lehigh University
GREYSTAR’S ON CAMPUS MANAGEMENT CASE STUDIES
We Deliver Dynamic Live-Learn Communities at Universities Across the Country
CASE STUDIES
Greystar.com
BALSAM & SPRUCE RESIDENCE HALLS
University of Massachusetts Dartmouth
Overview In 2020, Greystar completed construction and welcomed the first residents into Balsam and Spruce Residence Halls, new on- campus housing for first-year and transfer students at UMass Dartmouth. Featuring two main residential buildings connected by a new dining facility, the state-of-the-art project allows the University to decommision four residence halls built in the 1970s. Balsam and Spruce Halls include 12 Engagement Communities designed to house students near their fellow residents with similar academic interests. Greystar utilized tax-exempt bond financing to fund the project, enabling it to achieve the University’s goals of affordable rental rates, off-balance sheet treatment, and the availability of additional debt capacity for core campus projects.
Project Details Beds | Units
1,210 | 658
Gross Size Room Styles
306,900 square feet
Traditional singles and doubles
Amenities
800-seat dining facility, classrooms, multimedia and study lounges, University Welcome Center and offices, maker spaces, music practice and performance rooms, community kitchens, computer learning commons
Completion
2020
Cost
$141 million
Developer Manager
Greystar
Greystar Student Living
Residence Life
University
Owner
Provident Commonwealth Education Resources
Financing
Tax-exempt bonds
Greystar.com
CAMPUS VILLAGE Overview Construction is underway at the transformational Campus Village, a unique student living-learning development on the University of South Carolina campus. The project’s design, while contemporary, was planned in collaboration with adjacent neighborhood groups and will adhere to existing community aesthetics. Campus Village is intended to meet the needs of future students and enhance academic success—from tasteful residential accommodations to diverse dining options and state-of-the-art student support spaces. The additional beds will give more upper-division students the opportunity to live on campus, giving them stronger connection to their University and greater opportunity to achieve their academic goals. University of South Carolina
Project Details Beds | Units
Manager
Greystar Student Living University of South Carolina Student Affairs University of South Carolina
Phase 1 - 1,882 | 575 475,000 square feet 2 and 4 bedroom suites
Residence Life
Gross Size Room Styles
Owner
Amenities
Study rooms, lounges, kitchens, sundry & coffee shop, campus safety office dining facility
Financing
University financed
Sustainability
Project includes a transportation hub with shuttles for residents, students and community members. Innovative design is predicted to reduce vehicular traffic from 4,200 trips per day to 1,360 per day.
Completion
2023
Cost
Phase 1: $240 million Phase 2-3: TBD
Developer
Greystar
Greystar.com
BOWLES HALL University of California, Berkeley
Overview Bowles Hall is UC Berkeley’s first P3 residential project. The project was spearheaded by the Bowles Hall Foundation, a private non-pro t entity dedicated to returning Bowles Hall to its original use as a Residential College. The Foundation entered into a long-term ground lease with UC Berkeley and retained our team as the project developer and manager. This project is a total renovation of an existing 1928 historic residence hall. The building is on the UC Berkeley campus and the National Register of Historic Places. In addition to the goal of preserving the historical integrity of the architecture, the project included entirely new systems infrastructure, rationalized floor plans with suite-style student units, and significant seismic and life safety improvements. Greystar’s renovations recently received Energy and Environmental Design (LEED) Silver certification and performs 20% in excess of the California Energy Commission’s Title 24 energy efficiency standards. This historic renovation serves as a reminder of the importance of the physical environment. From a bricks- and-mortar perspective, Bowles Hall is a national and local historic landmark; but more importantly, the Residential College model offers an enriching and supportive community that can improve academic outcomes and create life-long bene ts. Amid increasing challenges, this public/private/ non-pro t partnership provided an opportunity for the University of California to plan enhanced development and preserve a valuable resource.
Project Details Beds | Units
192 | 118
Gross Size Room Styles
57,702 square feet
Single & double bedroom units Dining hall, library, game room, historic lounge
Amenities
Completion
2016
Cost
$35.9 million
Developer Manager
Greystar
Greystar Student Living Bowles Hall Foundation Bowles Hall Foundation Tax-exempt Bonds LEED Silver Certified
Residence Life
Owner
Financing
Sustainability
Greystar.com
Project Details Beds | Units
2202 | 920
Room Styles
Studios, 1, 2, 3, 4, 5 bedroom apartments, residence hall suites 12,201 SF of retail, structured parking, conference rooms, fitness centers, student rooms, laundry rooms, sky lounge, outdoor courtyards
Amenities
Manager
Greystar Student Living
Residence Life
Greystar
Owner
Euclid Avenue Development Corporation
CLEVELAND STATE UNIVERSITY Overview
Greystar recently completed a highly successful housing management transition at Cleveland State University, where we seamlessly and in a compressed timeframe assumed operations of a 1,039-bed portfolio from another management firm. Move-in for the 2021-22 academic year occurred smoothly with minimal disruption in a compressed timeframe. Additionally, in August of 2022 Greystar successfully transitioned two more off-campus, student housing communities. Totaling 938 beds, both communities are now part of CSU’s on-campus housing program Greystar and its dining partner are working to build a revolutionary partnership to create distinctive Cleveland State experiences for students, faculty, staff, and guests, evolving CSU Campus Services by enhancing and elevating residence life, housing, and facilities services to support the University’s strategic framework. Greystar is supporting the CSU 2.0 plan by promoting student success and engaged learning. The residential learning environment provides educational opportunities for students that support the strategic direction and mission of CSU. Current and future partnerships with faculty, academic administrators and other campus and community groups utilize student housing as an extension of the classroom.
Greystar.com
PORTFOLIO Greystar’s On Campus Management Partnerships
University
Beds
Partner Since
Bloomsburg University of Pennsylvania
407
2005
Boise State University
656
2017
California University of Pennsylvania
770
2009
Cleveland State University (full portfolio)
2,202
2021
Cornell University
872
2018
Lehigh University
428
2019
Lock Haven University of Pennsylvania
408
2004
Mississippi State University
656
2019
Northern Michigan University
1,229
2017
Sacramento State University
1,100
2021
SUNY College of ESF
454
2011
Syracuse University (2 communities)
745
2009
Texas Christian University
562
2011
University of California, Berkeley
192
2016
University of Kentucky (14 communities)
6,850
2013
University of Massachusetts Dartmouth
1,210
2020
Cornell University
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TESTIMONIALS
Brenda Greenfield Assistant Vice President, Development Executive Director, ESF College Foundation and Abby Lane Housing Corporation
Chris Hicks President of Provident Resources Group Inc.
“ Working with Greystar as our Developer, the Project’s development was successfully delivered amidst the worst of the COVID-19 pandemic. Despite these challenges, Greystar’s management team has worked tirelessly, with a spirit of partnership with both Provident and the University, to position the Project for long-term success.
“ ESF has enjoyed a long and effective partnership with the Greystar team since 2009 beginning with the design and construction of ESF’s first residence hall, Centennial Hall. Every day they go above and beyond to provide an outstanding student experience that has a positive impact on student enrollment and retention.
Mississippi State University
Dr. Dei Allard Executive Director of Housing and Residence Life Mississippi State University
Jeff Korpi Director, Partnerships and Events Northern Michigan University
“ Greystar has been the model partner working through mutual interests with Mississippi State since the launch of College View apartments on our campus. We work together to resolve student needs and keep one another informed of challenges to overcome. I am thankful for their partnership .
“ From day one of our partnership, the Greystar team has shared and delivered valued expertise regarding unique and creative housing options and operational knowledge that has optimized and elevated our on-campus student living experience.
Lehigh University
Greystar.com
WHY GREYSTAR ON CAMPUS?
Greystar On Campus offers college and university partners turnkey and custom management solutions. Supporting student success and retention are our top priorities. Greystar can meet your facilities management, capital improvement, occupancy and expense management and residence life needs.
Are you ready to discover the potential and possibilities of Greystar On Campus? Let us show you the way.
For more information about our management services, contact Bradley Shaw at bradley.shaw@greystar.com
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