Building Lasting Value

Landmark Properties strategically invests in developments and acquisitions of student housing communities near major state universities and select secondary markets nationwide. As a vertically integrated owner, developer, general contractor and operator, Landmark has the unique ability to control costs on developments and manage its properties to drive tenant demand and satisfaction with a goal of meeting its investor’s and partner’s investment goals.

Landmark’s Evolution

#1 Ranked Student Housing Developer Eight of the Last Nine Years

  1. 2004 – 2009

    • Founded in Athens, GA
    • Begins raising third-party institutional capital in 2009
  2. 2010 – 2017

    • Forms $5.2B across 35 deals in partnership with ADIA
    • Grows beyond $2B AUM
  3. 2018 – 2019

    • Completes first high-rise and forms its acquisition platform
    • Grows to $4B AUM and 12,500 beds
  4. 2020 – 2022

    • Holds 92%+ same store occupancy and positive rent growth through COVID
    • Closes its first two OZ-structured developments in 2022
  5. 2023 – 2026

    • Grows to $15B AUM and 76,000 beds under management
    • Enters the private wealth market with a dedicated OZ fund

Landmark Today

Employees Firmwide
~1,600
Total Cost of Student Projects
$14B
Properties Under Management
125
Beds Under Management
~76,000

Data as of June 30, 2026 unless otherwise noted. Past performance is not a guarantee of future results.

Platform Growth

Fifteen Years of Sustained Platform Growth

Over the past 15 years, Landmark has grown to over 76,000 beds under management and 1,600+ employees, building a best-in-class platform positioned for continued growth.

76,000+
Beds Under Management
1,600+
Employees

Portfolio Beds Under Management vs. Headcount

Stacked bars show third-party and owned beds under management from 2011 to 2026, growing from 6,200 to 76,300 beds. A line shows headcount growing from 100 to 1,600.
Data as of June 30, 2026.

Investment in Opportunity Zones

Landmark closed its first Opportunity Zone-structured developments in 2022 and has since entered the private wealth market with a dedicated OZ fund. Under OZ 2.0, investors can defer and reduce capital gains while building long-term, tax-free growth.

  • Rolling 5-year deferral
  • 10% reduction in taxable gain (30% rural)
  • 10-year tax-free growth
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Investment in Value-Add

Some of the strongest opportunities in student housing are existing communities that are held back by how they're run, constrained by their market, or overdue for investment. Landmark looks for three recurring patterns and brings a dedicated in-house team to each.

1

Operational Upside

Well-positioned assets in strong markets can still underperform their competitive set because of ineffective marketing or a weak leasing strategy.

Landmark Advantage

Landmark acquires these properties and applies the same institutional management platform that operates 76,000 beds across more than 50 markets.

2

Discount to Replacement Cost

Where barriers to development are high but enrollment continues to grow, existing assets are positioned to benefit as future supply tightens.

Landmark Advantage

Our Construction and Development teams know what it costs to build in a given market and what yields are realistic. That gives us a clear view of where supply is headed and what an existing asset is worth against it.

3

Asset Repositioning

Well-located properties sometimes fall behind after years of deferred maintenance.

Landmark Advantage

Our Capital Projects team identifies the improvements with the greatest impact, estimates them accurately, and delivers them on time and on budget. Through renovation and rebranding, the property becomes a highly amenitized community at a basis below new construction.

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