Cardinal Group Ranked in Top 25 Managers and Owners in Student Housing Business
DENVER, CO – January 13, 2023 – Cardinal Group Management (CGM) and Cardinal Group Companies (CGC) have been listed on the Student Housing Business Top 25 Managers and Owners for 2022.
Cardinal Group Management ranked 3rd for the second consecutive year on the Top 25 Managers with over 85,700 beds under management in 2022. In addition, Cardinal Group Companies ranked 13th on the Top 25 Owners for 2022, with an 11.6% year-over-year increase in owned beds with over 16,100 beds under ownership.
“We are thrilled to be named as a Top 25 Manager and Owner for 2022 with Student Housing Business. It’s exciting to see our rank in top owners move from 17th place to 13th while maintaining our 3rd place rank in top managers for 2022,” said Vice President of Client Services, Christina Tarumoto. “We’re looking forward to continuing to create communities where our residents thrive and increasing our managed and owned portfolios in 2023.”
The Top 25 Manager and Owners survey is designed to measure operating and owned beds as of October 31, 2022. During the fall of 2022, more than 100 companies were invited to participate in the survey, with 33 qualified companies responding.
For additional details about the SHB Top 25 Managers and Owners for 2022, visit the November/December digital edition at https://editions.mydigitalpublication.com/publication/?m=58489&i=778530&p=88&ver=html5.
About Cardinal Group Companies
Cardinal Group Companies (“CGC”) is a fully integrated real estate management, investment, construction, consulting, and marketing firm focused on multifamily and student housing throughout the country. Headquartered in Denver, Colorado, CGC affiliate companies are all firmly built atop the company’s “Cardinal Culture.” Since 2007, CGC has been operating successful partnerships, focused on creating efficiency and above-market performance via their commitment to challenging the status quo of the industry. To date, Cardinal Group Companies has developed several best-in-class initiatives, which have earned the company national recognition year after year. Cardinal Group Companies’ management platform oversees over 40,000 units nationwide and over 85,000 student housing beds across the U.S., including Cardinal Group Companies’ owned portfolio, and third-party managed properties.
To learn more about Cardinal Group Companies, please visit www.CardinalGroup.com.