New Management Contracts for Peak Campus Management – Cardinal Towne and The Uptown East Student Apartments

ATLANTA, Feb. 17, 2012 /PRNewswire/ — Peak Campus Management announced today

that it has executed two new management contracts for “Cardinal Towne”, a
555-bed student housing community serving the students of the University of
Louisville, in Louisville, Kentucky, and “The Uptown East”, a 378-bed student
housing community serving Valparaiso University, in Valparaiso, Indiana.

Bob Clark, President of Peak Campus Management said, “I am excited about these
additions and the growth of high quality assets in our portfolio. We are
thrilled to bring the Peak Campus expertise to these two assets and drive value
for its owners.”

Cardinal Towne offers a unique living experience for students by offering 1, 2,
3, and 4 bedroom floor plans all with private bathrooms and “California Closet”
organizing systems. Each apartment comes fully furnished with all major
appliances and granite countertops. Amenities include study lounges, a full-size
swimming pool and sun deck, and 35,000 SF of retail space offering 12
establishments ranging from national franchises to top local restaurants.

The Uptown East offers 1 and 2 bedroom apartments also with private bathrooms
and “California Closet” organizing systems. Each apartment comes fully furnished
with all major appliances and granite countertops. Located on the edge of
campus, The Uptown East is perfect for students who are looking for convenience
with modern comforts. Community amenities include multiple study lounges,
multi-purpose rooms with plush furniture and big screen TVs, and 11,000 SF of
retail space.

Peak Campus Management is one of the country’s largest and most successful
management companies in the country with over 19,000 beds of student housing in
16 states nationwide. Peak Campus managed communities are consistently
recognized by their college or university as the top off-campus housing choice
for the market.

Contact: Jessica H. Nix
Vice President of Marketing
404-920-5351
jnix@peakcampus.com

SOURCE Peak Campus Management