Newsome-Laramie

Newsome Development is a boutique real estate development firm located in
Lawrence, KS specializing in the development of on and off-campus housing
for the past 20 years. We provide unique solutions to student housing needs
across the country. Because we don’t have an investment committee or a board
of directors to report to, we have the ability to customize all aspects of the project
(development, financing, construction, and property management) for each client.
Off-Campus Solutions
NDI is extremely particular in the off-campus
student housing developments that we choose
to undertake. Our approach is to create student
housing developments which support students’
academic mission. Location (in-fill), design
(unit and development) and asset/property
management are all critical factors in this regard.
On-Campus Solutions
NDI is also well versed in the on-campus
sector, understanding that the hallmarks of any
on-campus development are supporting the
academic mission and affordability. A private
partner, in a public-private arrangement, has to
bring value to a given transaction. “Time and
money” is well-worn phrase, but in this case it
applies to what a private partner can contribute
both in terms of cost and development
process efficiency.
NDI believes that it is absolutely critical that
any on-campus development supports the
university’s recruiting and retention goals.
NDI is well versed in tax-exempt strategies to
accomplish the university’s financial objectives
related to on-campus development. Often, the
company’s relationships in the capital markets
and network of consultants specializing in
the student housing sector provide significant
benefit. The best on-campus projects are
collaborative efforts leveraging both public
and private expertise to produce the optimum
residential life product.
newsomedevelopment.com