Onwards and upwards here at Prime Realty! As a trend leader in boutique commercial real estate brokerage, Prime Realty has taken a step towards providing even further value to its existing and proposed client base with the recent addition of a Student Housing brokerage division.
Student Housing goes well beyond college campus walls. Off-Campus Student Housing has been commercializing from small mom-and-pop operations to large publicly traded entities over the last 30 years. Evidence shows that there is no slowing down either especially in the southeast where top Florida and Georgia markets saw over $359MM in total student housing sales over the last year according to NREIOnline.
The expansion of our services was preempted by our addition of John Rutherford to the Prime Realty team. Hired to spearhead Student Housing efforts, along with complimenting the company's already growing Multi-Family Division. "We couldn't be more pleased to add the Student Housing Division to Prime Realty platform. Bringing John Rutherford on board is another win for Prime and the industry. We'll now be able to offer a very distinct perspective to investors due to John's unique operational background." -Tyler Saldutti CEO Prime Realty Services.
John has a diverse background in Student Housing with 7+ years overseeing the combined management of $600MM+ in student housing assets helping to analyze and reach operational and financial milestones. John has worked with national leading property management companies in Florida, Georgia, and Texas with specific experience in student housing markets in over 30+ states.
Prime Realty has been making changes and growing its team extensively in the last year and as a Team we are excited about this new division of brokerage services. Having John on the team to bring knowledge and experience makes the addition all the more beneficial. For more information about Student Housing or John Rutherford and our Multi-Housing Team, please contact Prime Realty at 904.352.1400.