Trending Multifamily News
Multifamily property management firm Caliber Living announces that Bellamy Daytona Student Apartments, scheduled to open in August, is already 100% leased. Bellamy Daytona, which has 376 beds, is the newest student housing community in Daytona Beach, Florida. What’s more, Caliber announces that it has signed new management contracts as well.
“The rapid lease-up of Bellamy Daytona shows both the need for high-quality student housing in the market – plus that Caliber has the people and processes to achieve excellent results,” said Caliber President Rick Jones. “We were especially proud to successfully complete the lease-up two months before the community is set to open.
Bellamy Daytona is open to all students of higher education institutions including Embry-Riddle Aeronautical University, Daytona Beach; Daytona State College; The Florida State University College of Medicine, Daytona Beach; The University of Central Florida, Daytona Beach; Bethune-Cookman University; and Keiser University, Daytona Beach.
Caliber is also now managing three new communities which will break ground this summer.
They include two more student housing communities in the Bellamy brand:
* Bellamy Carrollton at The University of West Georgia in Carrollton, Georgia, which will have 628 beds.
* Bellamy Western, a 248-bed project at Western Carolina University in Cullowhee, North Carolina.
Caliber will also manage Flagship Kern’s – a new community and brand for young adults being constructed in Knoxville, Tennessee. The 160 boutique-style apartments will lease by the bed and are part of the mixed-use redevelopment of the historic Kern’s Bakery south of downtown. The community represents a new type of housing with amenities designed to appeal to Millennials and members of Generation Z – including young professionals, graduate students, medical students and upper classmen.
Mallory & Evans Development is developing the Bellamy and Flagship branded communities. Mallory & Evans Partners, which specializes in mixed-use development, is redeveloping Kern’s Bakery in Knoxville. Completion is expected by the Fall of 2020.