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Student housing developer Landmark Properties has entered into the multifamily space through a series of property transactions from the Haven Communities pipeline. The expansion involves the integration of the Haven team including their CEO, Jay Williams. As a result of this growth, Landmark will have $7.8 billion in assets under management in the US

Landmark’s move into the multifamily sector is a natural progression, according to CEO Wes Rogers. The company is already vertically integrated—with general contracting, development, investment management and property management teams—all in house, giving it control over the project from conception to exit. “While the multifamily space is certainly more competitive than the student housing sector, we feel that our strategy along with our execution capabilities will enable us to create outsized risk adjusted returns for us and our partners over the long term,” said Wes in a statement. Jay Williams, Haven founder and CEO, and the former Haven team will launch the multifamily division for landmark.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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