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<strong>Concordia</strong><br />
University<br />
Texas
<strong>Newsome</strong> Development and Investments is a boutique real estate firm specializing in the<br />
development, management and ownership of student housing. For the past 20 years, NDI<br />
has addressed student housing needs with a thorough and long-term approach.<br />
NDI benefits from its private capital structure, allowing a “clean slate” approach to each<br />
transaction. NDI brings efficient capital structures to its projects. It has long-standing<br />
relationships with the country’s two largest student housing lenders, Freddie Mac and Fannie Mae.<br />
A $40 million student housing debt issuance in Texas was recently completed by the company<br />
with Fannie Mae. NDI also has the capacity to execute tax exempt bond financings.<br />
NDI does not have its own construction company to support, instead using its long track record<br />
to hire the best third party general contractor <strong>for</strong> each particular development. The company has<br />
in-house expertise and long-standing industry relationships to best match the general contractor<br />
with the project.<br />
As a soup-to-nuts developer and owner, NDI Management, based in Fort Worth, is the property<br />
management company under the <strong>Newsome</strong> umbrella. The property management company<br />
benefits from its professionals’ experience at some of the nation’s largest multi-family property<br />
management companies.<br />
The hallmarks of each NDI project are (1) af<strong>for</strong>dability to the segment of the student housing<br />
market it serves, and (2) supporting – directly or indirectly – the university’s recruiting and<br />
retention needs.<br />
newsomedevelopment.com
STUDENT HOUSING<br />
PORTFOLIO<br />
UNIVERSITY<br />
OF COLORADO-<br />
COLORADO SPRINGS<br />
WASHBURN<br />
UNIVERSITY<br />
BENEDICTINE<br />
COLLEGE<br />
UNIVERSITY<br />
OF MISSOURI<br />
NEW MEXICO STATE<br />
UNIVERSITY<br />
KANSAS STATE<br />
UNIVERSITY<br />
UNIVERSITY<br />
OF KANSAS<br />
BAYLOR<br />
UNIVERSITY<br />
TEXAS CHRISTIAN<br />
UNIVERSITY
University of Colorado - Colorado Springs<br />
<strong>Newsome</strong> Development and Investments purchased the next-to-last private<br />
land tract within the footprint of the campus to develop the first purposebuilt<br />
student housing walkable to UCC’s campus. The University entered into an<br />
agreement with NDI to move on-campus-designated students that exceeded<br />
residence hall capacity to The Lookout. Additionally, NDI and the University<br />
collaborated on a number of fronts: design, access easements, off-site<br />
landscaping, and a pedestrian path to campus from The Lookout and a University<br />
parking lot. While pedestrian in design, the project provided 1:1 parking to not dilute<br />
availability of campus parking.<br />
Year Completed: 2016 Beds: 157<br />
Development Structure: Private / P3<br />
Post-Construction
Texas Christian University<br />
<strong>Newsome</strong> Development and Investments has assembled 30+ properties<br />
over 5 years adjacent to the TCU campus. It is a pedestrian oriented<br />
development consisting of residential and institutional buildings. TCU<br />
entered into a master lease <strong>for</strong> a portion of the portfolio to house<br />
upperclassmen and RAs.<br />
Year Completed: 2013-16 Beds: 325<br />
Development Structure: Private / P3<br />
Alternative Approach
Benedictine College<br />
<strong>Newsome</strong> Development and Investments developed a 134-bed suite design<br />
residence hall complex in a public-private arrangement with Benedictine College.<br />
NDI worked with local government on IRBs under a ground lease structure with a<br />
reversion component. The on-campus, three-building project with a suite design –<br />
Legacy, Kremmeter, Wolf Halls – has a center commons area of both indoor and<br />
outdoor space capable of accommodating large groups of students. The commons<br />
area includes large patio/green space, institutional kitchen and indoor/outdoor<br />
fireplace. A distinctive “tower design” feature serves at the entry to campus and is<br />
consistent with the college’s architecture.<br />
Year Completed: 2008 Beds: 192<br />
Development Structure: P3
Baylor University<br />
<strong>Newsome</strong> Development and Investments assembled five tracts of land<br />
located three blocks from the Baylor campus and developed two<br />
apartment buildings <strong>for</strong> off-campus housing. While walkable to the academic<br />
core, a component of this site selection process was to be on the Baylor<br />
bus route to facilitate ease of access to the perimeter of the Baylor campus.<br />
The project has a direct relationship with the University <strong>for</strong> the housing of<br />
international students.<br />
Year Completed: 2015 Beds: 134<br />
Development Structure: Private / P3<br />
Post Construction
Washburn University<br />
<strong>Newsome</strong> Development and Investments acquired 38 parcels in a fourblock<br />
area directly across the street from the entry to Washburn’s campus.<br />
Included in the land acquisition were parcels from the University. NDI worked<br />
closely with the University in support of a public-private arrangement with<br />
the City, which included a TIF. NDI also established a long-term relationship<br />
with the University’s athletic department to house much of Washburn’s student<br />
athlete population.<br />
Year Completed: 2009 Beds: 453<br />
Development Structure: Private / P3<br />
Alternate Approach
Kansas State University<br />
<strong>Newsome</strong> Development and Investments acquired the original site of<br />
Kansas State University, a location that had been a long-time, high profile<br />
agriculture use. NDI worked closely with the University to establish an historical<br />
recognition at the front of the site. Founders Hill serves as a start of the gateway<br />
from campus to the school’s athletic facilities.<br />
Year Completed: 2004 Beds: 348<br />
Development Structure: Private / P3<br />
Alternate Approach
New Mexico State University<br />
<strong>Newsome</strong> Development and Investments delivered the first purpose filled<br />
student housing in the Las Cruces market. Worked with the University and<br />
a special zoning district commission to ensure a mixed use component in the<br />
project. Followed stringent design guidelines to complement architecture<br />
of the school.<br />
Year Completed: 2002 Beds: 476<br />
Development Structure: Private / P3<br />
Alternate Approach
University of Missouri<br />
<strong>Newsome</strong> Development and Investments developed the third purpose-built<br />
student housing development at the University of Missouri-Columbia. The<br />
project represented one of the first deliveries of housing inventory at the start of a<br />
decade-long significant enrollment growth period <strong>for</strong> the university.<br />
Year Completed: 2004 Beds: 382<br />
Development Structure: Private
1421 Oread West • Suite B<br />
Lawrence, KS 66049<br />
(785) 331-4644<br />
Bill <strong>Newsome</strong><br />
bnewsome@newsomedevelopment.com<br />
John Almeida<br />
jalmeida@newsomedevelopment.com
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