Thursday, June 10, 2010

Lane Company Expands Student Housing Outreach


ATLANTA, GA– Multifamily real estate firm Lane Company is significantly expanding its outreach into the student housing area.

Lane Management LLC, the firm’s property management arm, has been active in the student housing market for almost 15 years, managing student communities in ten states for a variety of owners, including one of the largest student housing companies in the country.

“In recognition of the growing role of student housing, Lane Management has formally established a division that will focus exclusively on the operation and management of privately-owned, off-campus student apartments,” said Lane Company President Cindy Pfeifer (top right photo).

 Before joining Lane Company, Pfeifer was Chief Operating Officer/Chief Investment Officer of Place Properties, one of the nation’s premier off-campus student apartment companies.

“We have a team of talented, experienced associates who know the business and the particular nuances of student housing,” said Lane Management president Rob Couch (middle left photo) . “This move lets us expand our demonstrated and proven success to a wider audience and ownership base.”

Industry veteran Rick Jones  (middle right photo) will lead the new division, which is comprised of a veritable who’s who of student housing veterans. Jones, a Regional Vice President, has two decades of diverse property management experience.

This includes 10 years devoted to student housing, in which he managed 25 off-campus student living communities in California, Idaho, Utah, Washington, Arizona, Oklahoma, South Carolina, Georgia, Florida, Kentucky and North Carolina.

His career has taken him coast-to-coast in a variety of positions including Vice President with Lend Lease Real Estate Investments, Senior Vice President of Trinity Property Consultants and Regional Vice President with BH Management. He is based in Charlotte.

The new group also welcomes two new employees with extensive backgrounds in student housing.

Wesley Deese, a Regional Property Manager, is responsible for student communities in North Carolina, Kentucky and Georgia. He was previously a Vice President of Property Management at University Housing in Roanoke, where he oversaw operations for all company-owned student, rural development and commercial assets, and was an instrumental part of the development team. He is also based in Charlotte.


Michael Mulholland is now property manager for The Bellamy Student Apartments (lower left photo)  in Louisville. He was formerly a Regional Manager with JPI.

He has 14 years of multifamily housing experience including 10 years dedicated to student housing.

He successfully led numerous on-site teams for AIMCO, College Park Communities, University House Communities and JPI.

In addition, Lane Management is a Gold Sponsor of the Interface Student Housing Conference. The conference is a national networking event for all facets of the student housing industry. It will be held June 15 and 16 in Chicago.

Media contact:  Terri Thornton; 404-687-8760, 404-932-4347 (Cell),  http://www.territhornton.com/
www.twitter.com/Ttho

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