Campus' $50m college costs.Campus Apartments, Inc., a developer, manager, and owner of upscale housing for colleges and universities, announced three new property acquisitions totaling over $50 million. The properties are located near Moravian College Moravian College & Theological Seminary History The College traces its roots to the Bethlehem Female Seminary, which was founded in Germantown, Pennsylvania by Benigna, Countess von Zinzendorf in 1742 and is the oldest institution of higher education for women in the United in Bethlehem Bethlehem, city, United States Bethlehem, city (1990 pop. 71,428), Northampton and Lehigh counties, E Pa., on the Lehigh R. near Allentown and Easton; inc. as a city 1917. Local manufacturing, once dominated by the giant Bethlehem Steel Corp. , Pa., Rowan University Rowan University is a public university located in Glassboro, New Jersey comprising 49 buildings. There is also a satellite campus in Camden, New Jersey. The school was founded in 1923 as Glassboro Normal School with the mission to train public school teachers. in Glassboro, N.J., and North Carolina Central University History NCCU was chartered in 1909 and opened in 1910 as the National Religious Training School and Chautauqua under the leadership of President James E. Shepard. in Durham, N.C. These acquisitions, which account for a total of 1600 beds in 609 units, are a part of Campus Apartments' overall expansion plan and represent dramatic growth in the student housing market. "Our goal is to offer the best managed, maintained, and most secure college real estate in the country," says David Adelman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Campus Apartments, Inc. "We've been in the student housing market for 40 years and these acquisitions help maintain our focus by expanding our business model to new universities and new geographic regions. "With these new assets, we continue to position Campus Apartments as the gold standard for university housing, and one of the leading national players in this sector." |
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