Cardinal Group Improves Rankings in Top 25 Managers and Owners in Student Housing Business
DENVER, CO – December 20, 2024 – Cardinal Group Management (CGM) and Cardinal Group Investments (CGI) proudly announce the annual Student Housing Business (SHB) Top 25 Managers and Owners rankings for 2024.
CGM and CGI demonstrated their continued excellence in the student housing industry. CGM climbed two spots to secure the #3 position among Top 25 Managers, while CGI moved up two spots to claim the #11 ranking among Top 25 Owners. CGM’s management portfolio experienced significant growth, expanding by 15.3% in 2024. Similarly, CGI’s owned portfolio saw substantial growth, increasing nearly 20%.
“We are incredibly proud to be recognized by SHB for our accomplishments in the student housing industry, especially as we continue to build on our 2023 achievements. These rankings are a testament to the dedication, expertise, and grit of our team at Cardinal Group. They also underscore our unwavering commitment to serving our clients and residents while staying true to our ‘culture-first’ mindset, which remains at the heart of everything we do,” commented Sara Doherty, Director of Business Development, Student Housing.
Cardinal Group Management’s ranking of 3rd among the Top 25 Managers emphasizes Cardinal’s commitment to delivering exceptional services to our residents in over 40 states. Its improvement from 5th in 2023 is also a testament to being a leader in a continuously growing industry. Cardinal’s innovative approach to leveraging technology and data-driven insights has enabled the organization to consistently deliver best-in-class services and experiences for its clients and residents.
“This award is a testament to the incredible talent and innovation within our organization. From our dedicated on-site teams to our visionary leadership, we’re proud to have the best-in-class talent at every level. Our culture attracts the best people, and those people then drive our performance and our personal care to the residents we serve. This recognition reinforces our commitment to delivering exceptional service and driving industry-leading results.” added Alex O’Brien, Chief Executive Officer.
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, 2024. 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 2024, please head to the latest Student Housing Business 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. Cardinal Group Companies’ management platform oversees over 50,000 units nationwide including over 92,900 student housing beds and 11,000 conventional and affordable housing units and 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.
Media Contact:
Cardinal Group
Ainsley Robinson
Email: Ainsley.Robinson@CardinalGroup.com