Austin, TX (PRWEB) August 18, 2016
Jim Sholders is spearheading an executive team of top student housing professionals for Campus, Life & Style (“CLS”), the newly-formed management division of Vesper Holdings, LLC, the 12th largest owner/manager of off-campus housing communities in the United States. In this new position, he oversees an executive staff based out of CLS’ Austin, TX headquarters, and site staff currently for 9,000 beds in 15 properties, across 10 states.
“Jim has unparalleled experience in this industry and a reputation for inspiring his teams,” points out Elliott J. Tamir, Co-founder, Co-CEO of CLS and Vesper Holdings, LLC. “He has already been instrumental in shaping the unique CLS culture and I know his vision will make an important impact on our future.”
Campus Life & Style was launched in 2015 to operate the Vesper Holdings student housing portfolio. During Mr. Sholders’ tenure with CLS, the firm transitioned more than 9,000 beds within a three-month period. In addition, the 2016 pre-leasing jumped to 98 percent from the previous year’s 90 percent record, with revenue growth in excess of seven percent.
Adds Mr. Sholders, “I am working with a company that has a truly enlightened way of approaching off-campus student housing. Campus Life & Style has raised the bar on amenities, design and services, fostered by a team dedicated to creating a ‘best in class’ portfolio.”
A recognized leader in student housing, Mr. Sholders has spent 27 years in the industry. Prior to joining CLS, he worked for American Campus Communities for 14 years; serving as Senior Vice President of Management Services from 2005. During that period, he was responsible for the overall fiscal operations, asset management, leasing and personnel supervision for 170 properties with approximately 3,400 employees.
Mr. Sholders received his bachelor’s degree in Education and History from West Virginia University. He is married with two children.
About Campus Life & Style (CLS)
Campus Life & Style (CLS) was founded in 2015 by Co-CEOs Elliot J. Tamir and Isaac J. Sitt as a subsidiary of Vesper Holdings to operate its student housing portfolio. Today, CLS is responsible for more than 9,000 beds in 15 properties, across 10 states. Since inception, the brand mission has been to elevate the college living experience and provide environments conducive to academic achievement and optimal socialization. Campus Life & Style is recognized industry-wide for its properties’ superior accommodations and service at mid-market rent rates.
About Vesper Holdings
Vesper Holdings is a private equity real estate investment firm based in New York City. Founded in 2007 by Co-CEOs Elliot J. Tamir and Isaac J. Sitt, the firm owns and operates portfolios that include mixed-use, retail, office buildings and parking assets. It is a specialist in revitalizing and repositioning student housing assets ranging from 10 to 15 years old and is one of the top 12 private student housing owners in the country. Vesper Holdings’ portfolio is currently valued at more than $500 million.