Residential Archives | Tailwind Group

Tailwind Group Acquires Fourth Student Housing Property in 2025

Tailwind Group and its partners are pleased to announce the recent acquisition of The Beacon in Auburn, Alabama, marking the fourth student housing acquisition for Tailwind Group in 2025. This property is located less than one mile from Auburn University and consists of 180 units and 576 bedrooms. The asset was purchased from an undisclosed seller, and the deal was brokered by Ryan Lang and his team at Newmark.

In the Fall, the property will undergo a capital improvement plan that includes clubhouse renovations and upgrades to the property’s amenities and exteriors. This property will also be re-branded to The Quarters Auburn.

“We are thrilled to add another property in the SEC market,” said Jake Ouradnik, Tailwind Group’s Chief Financial Officer. “The enrollment has skyrocketed here, and it trends well with the SEC growth we have seen, and we are confident for the future. The premier location to campus and the ability to add value to this property has our team ready to hit the ground running on our business plans.”

Tailwind Group is a top 20 owner and manager of off-campus student housing in the country, with 39 different communities comprising approximately 18,500 bedrooms in their portfolio. Their reach spans 16 states and 23 universities.

Inquiries:
Brandon Smith, President & Chief Executive Officer
Michael Sather, Principal & Chief Investment Officer
Nick Sheak, Director of Investments

Farrah Falcone2025-04-08T18:54:13-05:00April 9th, 2025|

Tailwind Group Acquires Student Housing Property in Huntsville, TX

Tailwind Group and its partners are pleased to announce the recent acquisition of Connection at Huntsville in Huntsville, Texas. This property is situated near Sam Houston State University and features 288 units and 792 bedrooms. The asset was purchased from an undisclosed seller, and the deal was brokered by Brandon Buell and his team at Berkadia. This is Tailwind Group’s third student housing acquisition thus far in 2025.

In the coming months, this property will be rebranded to The Quarters Huntsville, one of Tailwind Group’s flagship garden-style brands. It will undergo a strategic capital improvement plan that includes a complete renovation and redesign of the clubhouse and leasing office, replacement of roofs and gutters, and strategic deferred maintenance and unit improvements.

“We are excited to enter the Huntsville, TX market,” said Brandon Smith, Tailwind Group’s President and Chief Executive Officer. “While Sam Houston State is not the typical Power 4 market that we acquire assets in, we believe strongly in the fundamentals and upside this specific opportunity presented. This purchase reinforces Tailwind Group’s commitment to pursuing value-add opportunities in the student housing sector. Our team is extremely excited to launch the rebrand and implement the capital improvement plan.”

Tailwind Group is a top 20 owner and manager of off-campus student housing in the country, with 38 different communities comprising approximately 18,000 bedrooms in their portfolio. Their reach spans across 15 states and 22 universities.

Inquiries:
Brandon Smith, President & Chief Executive Officer
Michael Sather, Principal & Chief Investment Officer
Nick Sheak, Director of Investments

Farrah Falcone2025-03-28T09:39:18-05:00March 28th, 2025|

Tailwind Group Acquires Student Housing Property in Columbus, OH

Tailwind Group and its partners are pleased to announce the recent acquisition of Commons on Kinnear, a 166-unit, 534-bedroom property in Columbus, OH. The property is located less than one mile from the Ohio State University campus. The asset consists of studio, two, three and four-bedroom units. The asset was purchased from an undisclosed seller and the deal was brokered by William Vonderfecht and his team at CBRE. This acquisition is the second student housing purchase of 2025 for Tailwind Group.

Over the next six months, the property will undergo significant property renovations, which will include apartment interiors being upgraded with new appliances, cabinets, countertops, flooring, and fixtures. The leasing office and clubhouse will also be renovated and repurposed to maximize the resident experience. Over the course of the renovation, the property will be re-branded to one of Tailwind Group’s flagship brands, “Altitude”.

“This purchase fits within Tailwind Group’s investment thesis well,” said Joe Lindberg, Tailwind Group’s Director of Capital Markets. “It’s been underperforming in recent years and is prime for our value-add implementation. After renovations have been completed, coupled with our property management strategy, we believe this property will undergo a complete transformation not only from an appearance and financial standpoint, but also delivering a great product and experience for our current and prospective residents. We are very excited about the future of the property and the Ohio State market as a whole.”

Tailwind Group is a top 20 owner and manager of off-campus student housing in the country, with 37 different communities comprising approximately 17,500 bedrooms in their portfolio. Their reach spans across 15 states and 21 universities.

Inquiries:
Brandon Smith, Chief Executive Officer
Michael Sather, Managing Principal & Chief Investment Officer
Nick Sheak, Director of Investments

Farrah Falcone2025-02-26T11:11:28-06:00February 26th, 2025|

Tailwind Group Acquires Student Housing Property in Gainesville, FL

Tailwind Group and its partners are pleased to announce the recent acquisition of BLVD Gainesville, a 252-unit, 924-bedroom property in Gainesville, FL. The property is located approximately one mile from the University of Florida campus. The asset consists of 3-bedroom and 4-bedroom units. The asset was purchased from an undisclosed seller and the deal was brokered by Ryan Lang and his team at Newmark. This acquisition is the first student housing purchase of 2025 for Tailwind Group.

Over the next 18 months, the property will undergo major renovations which will include full unit conversions and upgrades, repurposing of the interior and exterior amenity spaces, and general property enhancements. The property will also be re-branded to one of Tailwind Group’s flagship brands, “The Quarters”, in the spring of 2025 to coincide with the start of renovations.

“We are excited to enter the Gainesville market after years of sourcing different opportunities”, said Nick Sheak, Tailwind Group’s Director of Investments. “This acquisition perfectly fits into our strategic value-add platform from both a capital improvement and management standpoint. We are proud of the effort and execution our team put into this acquisition and confident in our business plan and investment strategy.”

Tailwind Group is a top 20 owner and manager of off-campus student housing in the country, with 37 different communities comprising approximately 17,500 bedrooms in their portfolio. Their reach spans across 14 states and 21 universities.

Inquiries:
Brandon Smith, Chief Executive Officer
Michael Sather, Chief Investment Officer & Managing Principal
Nick Sheak, Director of Investments

Farrah Falcone2025-01-24T09:11:45-06:00January 24th, 2025|

Tailwind Group’s Fourth Student Housing Acquisition in 2024

Tailwind Group and its partners are pleased to announce the recent acquisition of Campus Trails, a 156-unit, 480-bedroom property in Starkville, MS. The property is located right across the street from Mississippi State University’s campus. The asset consists of 2-bedroom and 4-bedroom units. The asset was purchased from an undisclosed seller and the deal was brokered by William Vonderfecht and his team at CBRE.

The Quarters Starkville | Starkville, MS

Over the next 12 months, the property will undergo renovations which will include strategic unit upgrades, repurposing of the interior and exterior amenity spaces, and general property enhancements. The property will also be re-branded in the fall of 2024.

“We are excited to add another property in an SEC market, which have proven to be very strong for us in recent years” said Brandon Smith, Tailwind Group’s Vice President of Operations & Development. “The premiere location to campus and ability to add-value to both residents and the property through strategic property renovations cement our belief in this asset and our business plan.”

Tailwind Group is a top-20 owner and manager of off-campus student housing in the country, with 36 different communities comprising approximately 16,500 bedrooms in their portfolio. Their reach spans across 15 states and 20 universities.

Inquiries:
Brandon Smith, VP of Operations & Development
Krystal Pierce, VP of Investments & General Counsel

Farrah Falcone2024-07-25T11:50:09-05:00August 1st, 2024|

Tailwind Group Acquires The Gramercy in Manhattan, Kansas

Tailwind Group and its partners are pleased to announce the recent acquisition of The Gramercy, a 228-unit, 700-bedroom property in Manhattan, KS. The property is located right across the street from historic Bill Synder Family Stadium near Kansas State University’s campus. The asset consists of 2-bedroom and 4-bedroom units. The asset was purchased from an undisclosed seller.

Over the next 13 months, the property will undergo renovations which will include strategic unit upgrades, repurposing of the interior and exterior amenity spaces, and general property enhancements. The property will also be re-branded in the fall of 2024.

“We have kept our eye on the Manhattan market for the past several years, and felt like the timing was right to enter,” said Brandon Smith, Tailwind Group’s Vice President of Operations & Development. “This purchase reinforces Tailwind Group’s commitment to pursue value-add opportunities in the student housing sector. Our team is extremely excited to launch our re-brand and implement our capital improvement plan over the next year.”

Tailwind Group is a top-20 owner and manager of off-campus student housing in the country, with 35 different communities comprising approximately 16,200 bedrooms in their portfolio. Their reach spans across 15 states and 19 universities.

Inquiries:
Brandon Smith, VP of Operations & Development
Krystal Pierce, VP of Investments & General Counsel

Farrah Falcone2024-07-25T11:29:35-05:00July 25th, 2024|

Tailwind Group Acquires Second Property in Lawrence, Kansas

Tailwind Group and its partners are pleased to announce the recent acquisition of The Reserve on West 31st, a 192-unit, 720-bedroom property in Lawrence, KS. The property is located near the University of Kansas and consists of 3-bedroom and 4-bedroom units. The asset was purchased from an undisclosed seller and was brokered by Teddy Leatherman and her team at JLL.

Over the next 14 months, the property will undergo extensive renovations which include full unit upgrades, conversion of 4-bedroom, 2-bathroom units to 4-bedroom, 4-bathroom units, a complete redesign and repurposing of the interior and exterior amenity spaces, and general property enhancements. The property will also be re-branded in the fall of 2024.

“We see great upside in this opportunity upon execution of our capital improvement plan combined with the strong fundamentals in the Lawrence market,” said Brandon Smith, Tailwind Group’s Vice President of Operations & Development. “The University of Kansas has seen tremendous enrollment growth over the past few years and the need for high-quality, off-campus student housing is at a premium. This deal lined up perfectly with our opportunistic, value-add strategy.”

Tailwind Group is a top-20 owner and manager of off-campus student housing in the country, with 34 different communities comprising nearly 15,500 bedrooms in their portfolio. Their reach spans across 15 states and 18 universities.

Inquiries:
Brandon Smith, VP of Operations & Development
Krystal Pierce, VP of Investments & General Counsel

Farrah Falcone2024-07-25T11:29:45-05:00June 27th, 2024|

Tailwind Group Unveils Transformed Clubhouse and New Property Name in Baton Rouge, LA

Tailwind Group acquired The Sterling in Baton Rouge, LA on March 29, 2023 and quickly put a plan in place to improve the resident experience through an improved amenity package. These upgrades, completed over the last 10 months, included updating outdoor furnishings, a brand-new fitness center and brand-new clubhouse with ample community and study space for residents.

When asked about his outlook on the project, Jon Fahning, Director of Development said “The project came with a series of challenges – weather, unforeseen conditions with the buildings discovered during the work, and schedule just to name a few. The construction team rose to the challenge and truly presented the partnership we strive for on all our projects. The on-site team was awesome in working closely with us to deliver the project to Tailwind’s expectations and standards. Great job by all!”

In addition to the renovation project, Tailwind Group’s marketing team, in partnership with the operational team, began the process of rebranding the property to one of Tailwind Group’s newer core brands, Altitude.

“Altitude is a newer brand for us that we introduced in May of 2023, with the acquisition and rebrand in Wichita, KS. The brand was intended to be used moving forward for future mid-rise and high-rise acquisitions. The tagline ‘Elevate your living,’ can certainly be attributed to the style of property but is definitely meant to signify the elevated living experience a student would have if they chose to live with us. We love this brand and were excited to bring it to Baton Rouge.” – Devan Schaly-Brumbaugh, Director of Leasing and Marketing

As discussed on the pilot episode of the Tailwind Talks podcast, for Tailwind Group a rebrand is more than just swapping out signage and brochures. Tailwind Group’s marketing team works meticulously for months to craft a campaign that excites the local community about the name change. This campaign culminates in a launch party that takes place onsite and is open to residents, prospective residents, and members of the community. Altitude Baton Rouge’s rebrand party attracted over 130 attendees and featured limited edition t-shirts, a crawfish boil, and giveaways such as a Nintendo Switch.

When asked about the launch, Nicky Tyus, Property Manager, said “The team brought the energy and the residents and other attendees responded with tons of excitement regarding the renovations and name change. I was overjoyed to see the residents and staff having such a good time. I’m extremely proud of our team and the efforts made to ensure the event, unveiling of the property renovations and name change were a success!”

Tailwind Group is a top-20 owner and manager of off-campus student housing in the country, with 33 different communities comprising nearly 15,000 bedrooms in their portfolio. Their reach spans across 15 states and 18 universities.

Inquiries:
Jon Fahning, Director of Development
Devan Schaly-Brumbaugh, Director of Leasing and Marketing

Farrah Falcone2024-06-05T14:33:26-05:00June 5th, 2024|

Tailwind Group’s First Acquisition of 2024

Tailwind Group and its partners are pleased to announce the acquisition of 3949 Apartments, a 197-unit, 256-bedroom property in St. Louis, MO. The property is located just steps away from St. Louis University and consists of studios, one-bedroom, and two-bedroom apartments. This acquisition is Tailwind Group’s first of 2024 and first exposure to the St. Louis market. The asset was purchased from Greystar and was brokered by Ryan Lang and his team at Newmark.

Upon closing, the property was rebranded to The Landing at St. Louis. Tailwind Group has immediate plans to renovate the leasing office, amenity spaces, and various common areas throughout the building.

“We were excited to get this transaction to the finish line,” said Krystal Pierce, Tailwind Group’s Vice President of Investments and General Counsel. “While St. Louis University is not a traditional Power-5 school that we typically enter, we are extremely optimistic about the growing enrollment and stability of SLU as well as the premiere location relative to campus. With our planned renovations and management plan, we believe this will be a very strong asset in our student housing portfolio.”

Tailwind Group is a top-20 owner and manager of off-campus student housing in the country, with 33 different communities comprising nearly 15,000 bedrooms in their portfolio. Their reach spans across 15 states and 18 universities.

Inquiries:
Brandon Smith, VP of Operations & Development
Krystal Pierce, VP of Investments & General Counsel

Farrah Falcone2024-05-03T16:04:31-05:00April 22nd, 2024|

Tailwind Group’s Fifth Major Student Housing Acquisition in 2023

Tailwind Group and its partners are pleased to announce the acquisition of Ozark Villas, a 213-unit, 670-bedroom property in Fayetteville, AR. The purchase represents Tailwind’s fifth major student housing acquisition in 2023, and second in the University of Arkansas market. The asset was purchased from Fountain Residential Partners and the transaction was brokered by Teddy Leatherman and her team at JLL.

Upon closing, the property was rebranded to College Town Fayetteville. Tailwind Group plans to embark on major exterior renovations soon after closing.

“We are excited to add another student housing asset in Fayetteville,” said Lane Gravley, Tailwind Group’s President. “It’s one of the premiere markets in the country and we see continued upward momentum. With the success of our current asset (The Landing at Fayetteville) we are confident in implementing our capital improvement plan and core management strategy to greatly improve the resident experience and provide our investment partners with strong returns. I am extremely proud of our entire team on getting this deal to the finish line, especially considering the volatility in the economy right now.”

Prior student housing acquisitions during the calendar year included assets in Fayetteville, AR, Lawrence, KS, Baton Rouge, LA, and Wichita, KS.

Tailwind Group is a top-20 owner and operator of off-campus student housing in the country, with over 15,000 bedrooms in their portfolio. Their properties span across 15 states and 18 university markets.

Inquiries:
Brandon Smith, VP of Operations & Development
Krystal Pierce, VP of Investments & General Counsel
Nick Sheak, Director of Investments

Farrah Falcone2024-05-03T16:11:37-05:00December 5th, 2023|

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