SHB 25 Header 1024x384 - Cardinal Group ​Ranks in Student Housing Business Top 25 Managers and Owner for 2023

DENVER, CO – December 21, 2023 – Cardinal Group Management (CGM) and Cardinal Group Investments (CGI) proudly announce the annual Student Housing Business (SHB) Top 25 Managers and Owners rankings for 2023. Demonstrating excellence in the student housing industry, CGM secured the #5 position among the Top 25 Managers, while CGI achieved an impressive #13 ranking among the Top 25 Owners.

Cardinal Group Management ranked 5th among the Top 25 Managers, emphasizing Cardinal’s commitment to delivering exceptional services to clients while creating the best place to work in the student housing industry to create engaging communities where residents thrive. With a focus on third-party management, CGM secured the second-highest overall position among third-party managers, showcasing dedication to providing top-tier management services to a diverse portfolio of student living communities.

Cardinal Group Investments ranked 13 among the Top 25 Owners, highlighting the strategic approach to ownership and investment in student housing communities. CGI’s success is a testament to the ability to navigate a dynamic student housing market and make sound investment decisions that contribute to the overall growth and success of the Cardinal organization.

“We are honored to be recognized by SHB for our achievements in the student housing industry. These rankings are evidence of the hard work, dedication, and expertise of our team at Cardinal Group,” commented Christina Tarumoto, VP of Client Services at Cardinal Group.

The SHB Top 25 Managers and Owners Survey, conducted annually, is designed to assess the performance of industry leaders based on their operating and owned beds as of October 31, 2023. The survey provides valuable insights into the competitive landscape and recognizes organizations that excel in managing and owning student housing properties.

For more information about the SHB Top 25 Managers and Owners list for 2023, please visit Student Housing Business November/December 2023 digital edition. 

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. CGC’s management platform oversees nearly 90,000 student housing beds and nearly 40,000 total units across the U.S., including CGC’s owned portfolio and third-party managed properties.

To learn more about Cardinal Group Companies, please visit

Media Contact:

Ainsley Robinson