#United States #Real Estate #Athens, Georgia #Student Housing #Landmark Properties

Landmark Properties Sets Ambitious Goals for 2024

In a recent announcement, Landmark Properties, an integrated real estate firm based in Athens, Georgia, unveiled a series of impressive milestones achieved in 2024. With a focus on student housing development, the company has made significant strides in both the United States and the United Kingdom. The President and CEO, Wes Rogers, attributed this success to the dedicated team of professionals that drives the company’s vision forward.

Key Highlights of 2024

1. International Expansion: Landmark has successfully extended its operations into the UK and Europe, establishing a new office in London. This move is complemented by a team dedicated to pursuing development and acquisition opportunities across the region, marking a significant step in the company's global strategy.

2. Industry-Leading Construction Volume: The company reported an impressive active construction volume exceeding $4.6 billion. Landmark's in-house contractor continues to exceed expectations, further solidifying its reputation in project delivery.

3. Growth in Assets Under Management: Landmark realized substantial growth in its assets under management, bringing the total to $15 billion. This achievement was made possible through calculated acquisitions and new developments.

4. Robust Transaction Volume: Throughout 2024, Landmark accomplished a remarkable $3 billion in transaction volume, demonstrating its strong foothold in the real estate market.

5. Team Expansion: The company has expanded its workforce significantly, with over 1,400 employees by the end of 2024, reflecting its commitment to investing in talent across all lines of business.

6. Industry Rankings: Landmark maintained its status as a top developer of student housing, being recognized seven times in the last eight years by Student Housing Business. Additionally, it ranked fourth and sixth on 2024’s list of top owners and managers.

7. Awards and Recognition: The company received several accolades, notably the CoStar Impact Award for the Sale/Acquisition of the Year for its project Tradition at 777. The Standard at Seattle was distinguished at the NAHB's Best in American Living competition, while Landmark Construction obtained multiple Best Regional Project awards from Engineering News-Record.

8. Sustainability Recognition: The Standard at Seattle won the Innovator Award for its exceptional use of sustainable construction practices, highlighting Landmark's commitment to environmental responsibility.

Future Outlook

The ongoing resilience in the student housing sector continues to attract various institutional investors. Landmark Properties remains poised to leverage its decades of experience in real estate to forge new partnerships while maintaining strong ties within the investment community.

With a solid pipeline of projects set to commence soon and an accumulated portfolio comprising over 115 residential communities and 71,000 managed beds, Landmark is strategically positioned for future growth.

Headquartered in Athens, Georgia, Landmark Properties is dedicated to being a leader in the real estate market. With a mission centered on delivering unparalleled services to residents, partners, and employees, the company focuses on shaping the future of high-quality residential communities across the globe. For further information about their progress, visit Landmark Properties.