Toronto, ON – September 18, 2017 / Forum Equity Partners (Forum) and partner, Campus Suites, today announced that their joint project, The Quad residence at York University (York), has achieved full occupancy—both residential and retail units are 100% leased.
The 342,000-ft2 student housing project is composed of two buildings and 812 beds on the southern edge of York’s Keele Campus. In addition to housing, each building features at-grade retail and a full amenity/student life package that includes third-party restaurants and services, resort-style fitness facilities, business centres, bike storage, and 24-7 access to on-site management. The Quad’s design features private landscaped courtyards, large communal areas on every floor, access control systems, and pedestrian-friendly walkways to the academic core.
“Forum and Campus Suites are fortunate to work with such strong, collaborative partners in York University and York University Development Corporation,” says Richard Abboud, Forum Founder and CEO. “Through this partnership we’ve achieved a very positive and lasting impact on student life at York.”
“We are proud to have delivered a game-changing product for the York community with no capital-based financial obligations required on the part of the University, “says Campus Suites President, Henry Morton. “The rigorous process undertaken in the Request for Proposal process, and subsequently, ensured a win-win for all parties.”
Forum Equity Partners is an alternative asset private capital investor with a focus on real estate, energy & renewables, and infrastructure. Headquartered in Toronto, ON, with an office in Vancouver, BC, and $1.3 billion enterprise value of assets under management, Forum is committed to achieving aggressive growth through investments and partnerships across rapidly emerging industries and markets, with innovative structures and unconventional investment approaches. For more information, please visit: www.forumequitypartners.com.
Campus Suites is a developer of mixed-use student oriented communities in nine US states and four Canadian provinces. The firm’s deep experience in multi-family/student housing development and management allows it to understand the full spectrum of the industry. Its team brings a true passion and unique hands-on philosophy to operational strategy, and approaches every relationship as a partnership. From on-site employees to investment colleagues, Campus Suites is committed to developing honest, hard-working relationships. For more information, visit http://www.campussuites.com/.