AUSTIN, Texas--(BUSINESS WIRE)--
American Campus Communities, Inc. (ACC), the largest owner, manager and developer of high-quality student housing properties in the U.S., has promoted Jennifer Beese to executive vice president of operations and leasing. Simultaneously, the company announced that Jim Hopke, formerly the executive vice president of project management and construction, has accepted the newly created position of executive vice president of asset management. In their new roles, both will report directly to Greg Dowell, the company’s chief operating officer.
“As we move into 2014, we are focused on value creation through operating margin improvement in both our day to day operations and our long term asset management efforts,” said Bill Bayless, American Campus CEO. “Jennifer and Jim are seasoned American Campus team members that will provide the strategic executive focus and support necessary to maximize value in each of these respective areas.”
“Jennifer Beese has been an exceptional leader, producing tangible results while cultivating cohesive teams. We have complete confidence in her ability to expand these talents to our field operations,” said Dowell. “Additionally, Jim Hopke is an experienced asset manager who has made significant contributions over the years in our investment and project management groups. We are excited to have Jim utilize his professional core competency to take the company’s asset management program to the next level.”
Over her 14 year career with American Campus, Beese has spearheaded the development of many of the company’s proprietary systems including LAMS. Starting with the company as a regional manager in 1999, she then worked in on-campus business development and the company’s training department before spearheading the property marketing and leasing administration departments as a director, vice president and senior vice president. Under her purview, the company has led the public student housing sector in occupancy for the last 9 consecutive years. Prior to joining American Campus, Beese served in several training and leasing roles within JPI’s student housing division.
Jim Hopke joined the company in 2000 as the senior vice president of acquisitions and was instrumental in the company’s pre-IPO growth. He briefly left the company from 2003-2005 serving as vice president of asset management for Wachovia’s real estate capital markets group. He rejoined the company in 2005 as executive vice president and chief investment officer. From 2008 to present, he served as the executive vice president of project management and construction overseeing the delivery of more than 45 assets representing more than $2.7 billion in asset value. Prior to joining American Campus in 2000, Hopke served as the vice president of asset management for JPI’s student housing division from 1998 – 2000 and as the vice president of asset management at Insignia from 1994 – 1998.
About American Campus Communities
American Campus Communities, Inc. is the largest owner, manager and developer of high-quality student housing communities in the United States. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management and operational management of student housing properties. American Campus Communities owns 166 student housing properties containing approximately 101,600 beds. Including its owned and third-party managed properties, ACC's total managed portfolio consists of 201 properties with approximately 127,500 beds. Visit www.americancampus.com and www.studenthousing.com.
In addition to historical information, this press release contains forward-looking statements under the federal securities law. These statements are based on current expectations, estimates and projections about the industry and markets in which American Campus operates, management's beliefs, and assumptions made by management. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict.
- Board & Management Changes
- Investment & Company Information
- American Campus Communities
- executive vice president
- asset management
Gina Cowart, 512-732-1000