Landmark Properties, a fully-integrated real estate firm specializing in the development, construction, acquisition, investment management, and operation of high-quality residential communities, has acquired The Ridge Clemson, a 616-bed, 184-unit student housing community at 205 Tiliwa Court near Clemson University in South Carolina. TSB Capital Advisors coordinated the acquisition financing.
“Given our history of success in Clemson coupled with the university’s continued enrollment growth, we are excited to add The Ridge Clemson to our portfolio, further expanding Landmark’s footprint in the market,” said JD Goering, Senior Vice President at Landmark Properties.
Units at The Ridge Clemson come fully furnished, offering students in-unit laundry and high-end finishes such as LVT flooring throughout, granite countertops, stainless steel appliances, and wood cabinetry. The asset’s centralized amenity set includes a resort-style pool, lazy river, oversized hot tub, 20-foot jumbotron, clubhouse, full basketball court, dog park, 24-hour fitness center, study lounges, a coffee bar and onsite resident parking.
Headquartered in Athens, Ga., with an office in Atlanta, Landmark Properties is a fully integrated real estate firm, specializing in the acquisition, development, and management of high-quality residential communities. With over $14 billion AUM, Landmark’s portfolio includes over 115 residential communities across the country with 72,000 beds under management. Additionally, Landmark benefits from an active development pipeline with 23 student and multifamily projects under construction or near term start with an estimated value of over $5 billion. Landmark’s mission is to be the leader in development, construction, operations, and investment management of high-quality residential communities, delivering unrivaled service and experience to our residents, partners, and employees.
