Fountain Residential Partners
Real estate development firm specializing in student housing.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | Growth Equity non VC | |
| Total Funding | 000k | ||
Fountain Residential Partners, LLC is a privately held real estate firm focused on the development, acquisition, and asset management of student housing in university markets across the United States. Founded in late 2010 by Brent Little, Jon Clayton, and Trevor Tollett, the Dallas-based company was established by executives with extensive experience in the student housing sector from their time at Place Properties. The principals' specialization in this niche dates back to 2000, and they have been involved in over $2 billion of new student housing construction nationally.
The company's business model centers on identifying and acquiring land near major universities to develop and construct purpose-built student housing, which it may later sell. Fountain Residential targets properties that are walkable to campus and often undertakes complex site acquisitions, sometimes redeveloping existing properties like retail centers or single-family homes to secure prime locations. Their projects range from urban mid-rises to cottage-style apartments and often feature luxury finishes and extensive amenities such as swimming pools, fitness centers, and private study rooms to meet modern student demands.
Fountain Residential manages the entire development lifecycle, from land sourcing, entitlement, and design to construction and operations, aiming to deliver institutional-quality projects with strong risk-adjusted returns for its investors. The firm secures financing through a combination of private investors and institutional lenders, and has engaged in programmatic joint ventures to fund its development pipeline. Since its inception, the company has developed thousands of beds with a total valuation exceeding $1 billion. Notable projects include developments for communities at Clemson University, University of North Carolina, Louisiana State University, and the University of Texas at Arlington.
Keywords: student housing development, real estate asset management, multifamily real estate, university housing, property development, real estate investment, student apartments, mixed-use development, collegiate housing, property acquisition, construction management, real estate private equity, institutional investors, purpose-built student housing, luxury student living, US university markets, real estate entitlement, campus-adjacent properties, residential construction