DALLAS-Jon Clayton is the co-founder and principal of Fountain Residential Partners, where he was responsible for the development of over $700 million of high-density and garden-style student housing projects, as well as traditional multifamily communities across the US. Previously, he served as development VP for Place Properties, where he headed the development operations for the Dallas office, focusing on new projects in the western and central US. He has collaborated with major development companies such as JPI Student Living Development, Echelon Residential and Carbon Residential. He is well-versed in every aspect of student housing development, acquisitions and asset management from market and size/asset selection through the underwriting and permitting process, to construction, lease-up and asset management oversight.
Locally during the past year, Fountain Residential began construction on 33 North (serving the University of North Texas) and the 77-unit LoftVue for students attending Texas Christian University. Shortly after completing the 56-unit Vue, another student housing project serving TCU, Forest Residential sold the property to Inland American Communities.
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