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Palladius Capital Management Completes Acquisition Of Austin-Area Student Housing Property

Apr 05, 2022over 3 years ago

Acquiring Company

Palladius Capital Management

Acquired Company

Austin-Area Student Housing Property

AustinReal Estate

Description

Palladius Capital Management (“Palladius”), a vertically-integrated real estate investment manager focused on pursuing multifamily, student housing, hospitality and select thematic investment strategies, today announced the acquisition of The Heights, a 672-bed student housing property located in the Austin, TX suburb of San Marcos. The acquisition was made on behalf of Palladius Real Estate Fund I (“PREF I”), a private real estate investment fund focused on producing attractive risk-adjusted returns through the acquisition, management and disposition of equity interests in multifamily and student housing assets across the country.

Company Information

Company

Palladius Capital Management

Location

Austin, Texas, United States

About

Palladius is a tactically contrarian real estate investment manager that leverages institutional best practices, technology and operational expertise to drive value creation for institutional and individual investors. Led by a team of commercial real estate, finance and technology veterans, Palladius pursues value-add and core-plus strategies targeting multifamily, student housing, hospitality and other thematic investment strategies through its affiliates. Based in Austin, TX, Palladius manages and operates approximately $500 million of real estate across the U.S. and is focused on building a highly progressive platform that promotes diversity and inclusion. To learn more, visit www.palladius.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed