CAPRE PODCAST IN LEADERSHIP: DAVID ADELMAN OF CAMPUS APARTMENTS TALKS OPERATING IN COVID-19 ENVIRONMENT, STRATEGIES FOR TEAM BUILDING AND THE FUTURE
On July 16 CAPRE's Brian Klebash caught up with David Adelman, CEO of Campus Apartments. Adelman has worked at Campus Apartments since June of 1994 and led the business through both opportunistic periods with tremendous growth, and challenging times, including the Great Recession and most recently the COVID-19 pandemic. Founded in 1958, Campus Apartments is one of the nation’s largest providers of on- and off-campus student housing. As a vertically integrated firm, Campus Apartments is experienced in all facets of the student housing industry. With over $1.5 billion in assets under management, Campus Apartments's portfolio consists of garden-style, mid-rise, and high-rise assets, as well as mixed-use and urban scattered-site housing. In his Podcast in Leadership interview, Mr. Adelman answered the following questions: * How has the Campus Apartments business been impacted due to COVID-19? * What are key takeaways working through the last four months? * Is there a past precedent for the current business environment, and what are you relaying to your staff? * What are your goals for the remainder of the year in terms of capital raising, investment and development in student housing? * Do you see student enrollments rising or falling over the next 5-10 years? * Are you active internationally or plan to become active in new markets?