Landmark Properties has partnered with Manulife Investment Management to develop and operate residential properties throughout the US.
Landmark said the build-to-core apartment partnership has already secured The Standard at Four Corners, an 890-bed project at the University of Connecticut as its first project. Located at 1717 Storrs Road,
Landmark Construction will serve as the general contractor for the duration of the project which is expected to be ready for occupancy in August 2025.
Wes Rogers, Landmark’s president and CEO, said The Standard at Four Corners development represents the “first investment in our new build-to-core venture with Manulife Investment Management”.
“Landmark continues to attract institutional capital to the student housing space due to our track record of success, vertical integration, and out-performance during challenging economic times.”
Edward Dunn, managing director, in charge of infrastructure investments at Manulife Investment Management, said: “Manulife Investment Management is proud to partner with Landmark Properties, who we view to be best-in-class in the student housing sector, leveraging their experience across the United States to jointly develop a premier portfolio of assets.
“We believe the student housing sector represents a compelling investment opportunity underpinned by attractive supply/demand dynamics and strong historical performance.”
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