Pierce Education Properties, L.P. (PEP) is a leading, national student housing operating company. Founded in 1995, PEP took its platform national in 2006, and has since acquired more than $800 million of purpose-built student housing, representing approximately 20,000 beds.
Our core business is investment in and management of student housing. We acquire Core, Core-Plus and Value-Add Student Apartment properties through programmatic joint ventures with institutional capital partners. PEP currently has equity capital commitments that provide capacity for more than $350 million in additional student housing acquisitions over the next several years.
With decades of experience in university real estate, PEP also develops student housing, Greek housing, and university supporting real estate and provides advisory services regarding the same. For over 10 years, PEP served as Master Developer of the College Community Redevelopment Project together with the San Diego State University Foundation. PEP’s leadership fostered the acquisition, entitlement, planning, development, and construction of several billion dollars of planned and/or completed student housing and university-supporting real estate projects. PEP has won multiple Pacific Coast Builder’s Conference Gold Nugget Awards for its projects and also the Association of University Real Estate Officials’ national “Project of the Year” award. PEP CEO Frederick W. Pierce was named one of 2013’s 24 “Student Housing Pioneers” by Real Estate Forum Magazine, and In 2015, PEP was named by Student Housing Business Magazine among the Top 25 Owners and Managers of Student Housing in the U.S.
Pierce Education Properties, L.P.
8880 Rio San Diego Drive, Suite 750, San Diego, CA 92108
Ph: 619.297.0400 Fax: 619.297.0440