Bio
Jake Newman serves as senior vice president of development for ACC. In this capacity, he is responsible for all on and off campus real estate development and renovations for the company. This includes land procurement for new development, development approach, team selection, site due diligence, transaction negotiation, university and governmental relations, municipal approvals, financial underwriting and construction. In his seventeen years with ACC, Jake has overseen the successful entitlement, commencement and completion of 39 projects and over 32,000 beds, valuing more than $2.2 billion in development costs. He joined ACC in 2002 and has held the positions of director of construction management, vice president of construction management and vice president of development. In total, Jake has more than 20 years of experience in the real estate development industry, including student housing and multi-family sectors. He began his career with JPI Development, holding several different positions during his four-year tenure.
Areas of Interest
- Deal Type
- Acquisition, Development, Ground Lease, Loan Purchase, Opportunity Zone, Partner Buyout, Pre-Development, Recapitalization, Refinance, Rehabilitation
- AUM
- Max LTV
- Capital Stack