August 11, 2015

The Trinitas Difference

 LAFAYETTE, IN (August 11, 2015) Trinitas is a premier owner, investor, developer, builder and manager of high-quality commercial real estate and student housing communities.  With two generations of Kings at the helm, Trinitas draws on its exceptional heritage, commitment to excellence and core business integrity to ensure the firm’s position at the forefront of the industry.  As an established leader in the student living space, Trinitas relies on the company’s team of accomplished veterans who understand the key facets of the industry and are able to effectively develop their properties and those of their partners. What sets Trinitas apart from other student housing companies is that they also rely on input and expertise from the students within the markets that they serve.  This is The Trinitas Difference.

One of the ways that Trinitas sets itself apart from competitors is through their unique student property naming contest. Dub the Digs is a month-long naming contest which gives students an opportunity to leave their legacy by naming the student housing community being developed by Trinitas in their market.  The student who enters the winning name, as decided upon by the company’s executive team, receives $5000 cash and public recognition for their contribution.  Since the inception of Dub the Digs, three students at the University of Alabama, University of Arkansas and University at Nebraska—Lincoln have been awarded $15,000 for their prize winning names.

“At Trinitas, we believe that a student’s living environment has an impact on learning,” said Alie Hrabe, Vice President, Marketing and Leasing.  “Everything from the design and amenities of our communities to our residence life program is focused on providing a positive experience for our student residents.  The Trinitas Difference begins with the naming of our properties by university students and continues through every aspect of the property.  At Trinitas, our ultimate goal is to ensure that each resident is more successful by having lived at one of our communities.”

Another way the company exemplifies The Trinitas Difference is through their partnership with Indiana University (IU).   For the past three semesters Travis Vencel, Vice President of Development at Trinitas, has collaborated with IU’s Department of Kinesiology to develop the Matrix Fitness Project.  Through this project, Travis challenges IU students to design a college housing fitness area that encompasses what students want and what they need to be healthy, while also staying within budget constraints.  Students are asked to analyze and present information related to the use of student technology habits while working out as well as improve Matrix cardio consoles by including creative entertainment ideas in their design.

“Trinitas Ventures cares about what students want in their living areas,” said Carol Kennedy-Armbruster, PhD. “I was impressed that Trinitas personnel sought out my kinesiology students input on designing the fitness and wellness areas of their living units.  Students seek real life learning experiences and appreciate the opportunity to contribute to building healthy college communities. Trinitas values student input which makes our collaboration a win-win for both of our organizations. They not only build living quarters, they create experiences that meet student needs.”

Trinitas also enlists help from students in the area of design.  In 2012, the company partnered with Herron’s Basile Center for Art, Design and Public Life to enhance one of their student housing communities, 1201 Indiana, through public art.  Several students from the Fine Art Center presented to Trinitas, as well as Indianapolis stakeholders, and the distinguished group selected a sculpture, Moving Forward, by Brett Harbour.  Harbour, a senior and fine arts major at the time, said, “Something that stood out to me at 1201 Indiana Avenue was the commitment to community and the progressive environment that Trinitas developed. The atmosphere at 1201 Indiana seems designed to promote continual study and wellbeing for the community.”  Harbour went on to design a second art piece at LUX, Trinitas’ student housing community in Chapel Hill, which opened in 2014.

Although The Trinitas Difference is apparent via the company’s community names, fitness areas and design, it is perhaps most evident through the company’s Community Assistant (C.A.) program.  As a community assistant, student residents are exposed to dynamic and diverse opportunities that can serve as platforms for their career.  They are responsible for delivering superior service to residents as well as fostering strong communities that contribute to positive living experiences.  Through this program, student residents work directly with residents to forge connections that build an engaging residential community and a flawless housing experience.  The purpose of the C.A. program, as well as the various other opportunities that Trinitas offers, is to ensure that both employees and residents are more successful by having lived at a Trinitas community.  This is The Trinitas Difference.

Trinitas is a fully integrated student housing company that finances, develops, constructs and manages high quality student housing communities at major universities throughout the United States. Trinitas currently owns and manages $300 million in student housing assets consisting of more than 4,000 student housing beds. The privately held real estate development company is currently developing over $215 million in student housing assets consisting of over 3,650 beds for 2015 and 2016 completion. Trinitas is headquartered in Lafayette, Indiana. Learn more about Trinitas at www.trinitas.ventures.

July 2, 2015

Construction Has Begun On Our Newest Student Housing Project In Lincoln Nebraska

Work has begun on Lincoln’s newest student-oriented housing project. Alie Hrabe, Vice President, Marketing and Leasing at Trinitas of Lafayette, Indiana, said foundation work has begun at the 8N Lofts at Eighth and N streets. The seven-story building will have 172 fully furnished apartments with 624 total bedrooms. Trinitas describes the project on its website as an upscale building that will include a “Husker Sky Deck” on the top floor with a large-screen TV, fire pit, hot tub, sundeck and grilling stations.

Journal Star

April 7, 2015

Student Housing Business – Marketing and Managing International Students

Student Housing Business | March/April 2015

“We understand that we’re not only introducing students to a new school, but to an entirely new culture, so we offer a variety of ways for them to get involved.”  This according to Alie Hrabe, Vice President, Marketing and Leasing at Trinitas.  See what other strategies Trinitas uses to serve their growing international student population.  Page 60.

Student Housing Business

December 19, 2014

Trinitas Named In Student Housing Business’ Top 25 Owners Of Student Housing

Student Housing Business | November/December 2014

Trinitas Ventures, a premier owner, developer, and manager of high quality student housing, was named one of the top owners within the student housing industry for another consecutive year.  According to the November/December edition of Student Housing Business, the leading news and information magazine for the industry, Trinitas was awarded this honor along with other national leaders in the student housing industry.  Page 66.

Student Housing Business

 

November 10, 2014

Trinitas and Harrison Street Sell Five Premier Student Housing Communities to Candlebrook Properties

 

OVER 3,400 BEDS CHANGE HANDS IN THE LARGEST STUDENT HOUSING TRANSACTION OF 2014

Lafayette, IN; Trinitas and Harrison Street Real Estate (HSRE) announced today that they have sold a portfolio of 3,400 beds in five communities in Southern and Midwest markets to Candlebrook Properties and Lubert Adler. The transaction, valued at over $230 million, closed on October 31, 2014.

“We are happy to announce the disposition of these best-in-class assets to Candlebrook and Lubert Adler,” said Loren King, CEO of Trinitas. “Our ability to offer a well-positioned, diversified portfolio to a new player in the student housing industry speaks volumes to the quality and execution of our product and our strong partnership with Harrison Street Real Estate Capital.”

Ben Mohns, Senior Vice President at Harrison Street Real Estate said, “We’re pleased to have executed on our business plan for our investors and to have capitalized on the favorable market conditions for this transaction. With this sale Harrison Street will have sold more than $2.1 billion in real estate across the Education, Healthcare and Storage sectors.”

The five sold properties include The Collegiate on Patterson, located in Bloomington, Indiana; 1201 Indiana, located in Indianapolis, Indiana; The Collegiate on Busbee, located in Kennesaw, Georgia; The Collegiate on Angliana, located in Lexington, Kentucky; and The Collegiate at VCU, located in Richmond, Virginia.

Trinitas will continue to manage a diverse portfolio of student housing assets located at Purdue University, The University of Illinois, Indiana University and The University of North Carolina at Chapel Hill. In addition, Trinitas and HSRE are currently under construction with Alpha, a luxury student housing development located in Tuscaloosa, Alabama. Looking forward, Trinitas has multiple projects consisting of 3,000 beds in various stages of the development process for delivery within the next 24 months.

Trinitas CFO, Mark Larson said, “This was a complex transaction that required tremendous focus over the last several months. We are proud of our team’s ability to execute the largest portfolio sale of student housing assets to date this year. Our ability to close this historic transaction with a sophisticated buyer speaks strongly to the capabilities within our organization and our partnership with HSRE.”

Added Mohns, “Trinitas Ventures has been one of our longstanding best-in-class operators and we look forward to continuing our relationship with their fine organization.”

About Trinitas

Trinitas is a fully integrated student housing company that finances, develops, constructs and manages high quality student housing communities at major universities throughout the United States. Trinitas currently owns and manages $250 million in student housing assets consisting of more than 2,800 student housing beds. The privately held real estate development company is currently developing over $150 million in student housing assets consisting of over 3,000 beds for 2015 and 2016 completion. Trinitas is headquartered in Lafayette, Indiana. Learn more about Trinitas at www.trinitas.ventures.

About Harrison Street Real Estate Capital

Harrison Street Real Estate Capital is a real estate private equity firm founded in 2005 that directly and through its Harrison Street Real Estate Capital is a real estate private equity firm founded in 2005 that directly and through its affiliates, has approximately $7.3 billion in assets under management (AUM) through commingled funds and public securities products. The commingled funds focus exclusively on the Education, Healthcare and Storage segments of the US real estate market. Since inception, the Firm has acquired or developed over 400 properties in 40 states including over 50,800 student housing beds, more than 11,600 senior housing units, over 4.8 million square feet of medical office space, and more than 82,000 self-storage units. Additionally, Harrison Street Securities LLC, an affiliate currently manages over $760 million in REIT securities through distinct long only product offerings. For more information please visit www.harrisonst.com.

October 23, 2014

Trinitas’ Wins Coveted IAA Prodigy and Award Of Excellence

Lafayette, IN (October 23, 2014) – The Collegiate on Patterson, a Trinitas owned luxury student housing community in Bloomington, Indiana was named Best Community Designed for Student Housing by the Indiana Apartment Association (IAA) during the 2014 Prodigy Awards Ceremony. The Prodigy Awards, along with the individual Awards of Excellence, are presented annually by IAA at the President’s Dinner during the annual Midwest Multifamily Exposition and Education Conference.

IMG_9939The Collegiate on Patterson is an urban student housing community situated on 13.5 acres of land in Bloomington, Indiana. The 204-unit, 635-bed property, which integrates individual house units as well as townhouse-style apartments, is a short bike or shuttle ride to Indiana University. Patterson boasts a broad array of unmatched amenities including a heated pool and hot tub, outdoor fire pit, grilling area, basketball court and outdoor gaming area. A 6,000 square-foot clubhouse complete with a state-of-the-art fitness centers, tech bar with Macs and PCs, free tanning beds, a study lounge, TVs and game consoles anchor this 292,939 square-foot property. The Collegiate on Patterson opened in August 2014 and is a joint venture between Trinitas and Harrison Street Real Estate Capital of Chicago, Illinois.

Patterson’s Prodigy Award for Best Apartment Community Designed for Student Housing was one of two honors bestowed upon Trinitas by IAA. Casey Johnson, Leasing and Marketing Manager for The Collegiate on Patterson, was also awarded the Award of Excellence for Leasing Consultant of the Year. This honor, established in 1994, recognizes a leasing consultant for his or her outstanding performance in leasing. Casey, a graduate of Indiana University and decorated member of its Men’s Swimming Team, began his career as a leasing specialist with Trinitas in 2013.   He was recently promoted to the position of Leasing and Marketing Manager for Patterson and continues to be one of the company’s top leasers.

“We are honored to be recognized by the Indiana Apartment Association for the development of our best-in-class student housing communities as well as our best-in-market team members. Trinitas’ position at the forefront of student housing is directly tied to our team’s commitment to excellence and business integrity,” said Loren King, Trinitas CEO.

Trinitas Ventures is a fully integrated student housing company that finances, develops, constructs and manages high quality student housing communities at major universities throughout the United States. Trinitas currently owns and manages nearly one half billion dollars in student housing assets consisting of more than 6,300 student housing beds. The privately held real estate development company is currently developing over $150 million in student housing assets consisting of over 2,000 beds for 2015 and 2016 completion. Trinitas is headquartered in Lafayette, Indiana. Learn more about Trinitas at www.trinitas.ventures.

June 23, 2014

Lafayette Entrepreneur Named to NFIB Leadership Council

Lafayette, IN (June 23, 2014) – The National Federation of Independent Business, Indiana’s leading small-business association, has named Loren King to its state Leadership Council.  King is the Chief Executive Officer of Trinitas Ventures, a student housing company that finances, develops, constructs and manages high quality student housing communities at major universities throughout the United States.  As a member of the NFIB/Indiana Leadership Council, King will assist in developing the association’s statewide agenda and building strategies to support small business throughout the state. Council members are nominated by either NFIB’s state director or current members and elected by the council. “I am honored to serve on the NFIB’s Indiana Leadership Council,” said King.  “I look forward to working with the other council members to ensure that the small business community in Indiana continues to grow and prosper.” Loren is a graduate of the Indiana University School of Law and earned a loren_kingMaster of Business Administration degree from the Indiana University Kelley School of Business, with a concentration in New Venture and Real Estate Finance. He also earned a Bachelor of Arts degree in Economics from DePauw University.  Prior to completing his law degree and Master of Business Administration degree, Loren worked in the international corporate affairs office of a multinational Fortune 500 company. He is a former member of the Board of Directors for the Indiana Apartment Association as well as a member of the Indiana and Illinois bar associations, his local chamber of commerce, and local, state and national apartment associations. Trinitas is a fully integrated student housing company that finances, develops, constructs and manages high quality student housing communities at major universities throughout the United States.  Trinitas currently owns and manages over $400 million in student housing assets consisting of more than 5,600 student housing beds.  Trinitas has financed more than $80 million in student housing through Q4 2013, is currently developing over $100 million in student housing assets consisting of over 1,200 beds for Fall 2014 completion.  The privately held real estate development company is headquartered in Lafayette, Indiana.  Learn more about Trinitas at www.trinitas-ventures.com.

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