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UNIVERSITY STUDENT LIVING, LLC EXPANDS EXECUTIVE LEADERSHIP TEAM

January 24, 2017 (Marlton, NJ) - University Student Living, LLC, the student housing company of The Michaels Organization, announces that Jay Russo has joined the company as Vice President-Development. He is responsible for business development and serves as the community and government liaison in the Boston metro area. University Student Living has developed two projects within the last three years in the Boston area: The Axiom in Cambridge, which has since been sold, and the city’s first off-campus micro unit housing operated for students, 1047 Commonwealth Avenue in Boston, which is currently leased by Boston University.

“After having the opportunity to develop two new communities in the Boston area, it became evident that this was a city with a clear vision for well-planned growth,” said Joe Coyle, President of University Student Living, “What makes Jay such an asset is that in addition to his expertise in business development, he is passionate about the Boston area and is dedicated to providing the best solutions possible to meet the city’s development needs.”

Experience:
Prior to joining University Student Living, Jay was the Business Development Director at Lendlease in Boston, where he was responsible for work acquisition in all sectors including residential, commercial, life science and higher education. Jay’s career includes more than 12 years at Boston City Hall with the Boston Development Authority, where he held the position of Deputy Director for Development Review. While there, he directed a staff of more than a dozen project managers and was responsible for the overseeing of all real estate development projects in the City of Boston.

Jay holds a Bachelor of Arts degree from Stonehill College in North Easton, MA. He is a LEED Accredited Professional and a member of the STEM Garden Institute

About University Student Living
University Student Living, LLC (www.universitystudentliving.com), provides comprehensive development, redevelopment and management services for on-campus and off-campus student and conventional multi-family housing throughout North America. Founded in 2011, University Student Living currently has a development portfolio of 15 communities, comprising 3,528 units and 8,756 beds.

University Student Living is a company of The Michaels Organization (www.themichaelsorg.com). Serving more than 135,000 residents in 370 communities across 35 states, the District of Columbia, and the U.S. Virgin Islands and with a development portfolio valued in excess of $4 billion, The Michaels Organization is a national leader in the residential real estate industry, with full service capabilities in development, property and asset management, construction, mortgage finance, and tax credit syndication.