Balfour Beatty Communities Expands Student Housing Portfolio with the Acquisition of Clemson Village in Clemson, South Carolina

MALVERN, Pa.--(BUSINESS WIRE)--Balfour Beatty Communities, a national residential real estate investment and management company, is pleased to announce the successful acquisition of Clemson Village, a 96-unit, 288-bed student housing community serving Clemson University in Clemson, South Carolina. This strategic acquisition further expands the company’s presence in high-performing university markets and marks its second acquisition within the NCAA Division I Atlantic Coast Conference (ACC), following the investment in Oktiv, serving Florida State University students.

Clemson Village offers students distinctive residential living experience through its low-density duplex design, providing greater privacy and space than traditional apartment-style student housing. Located less than a mile away from Clemson University, the property is conveniently walkable to campus and provides residents with seamless connectivity via dedicated transit access.

The community consists of 96 three-bedroom, three-bathroom units, situated on 18 acres. Designed with comfort and functionality in mind, each fully furnished unit includes modern finishes, private bedrooms and bathrooms, and expansive living spaces, complemented by a robust amenity package that includes a clubhouse, resort-style pool, fitness center, study areas, and outdoor recreation spaces.

“We are excited to add Clemson Village to our growing student housing portfolio,” said Lisa Dailey, Senior Vice President of Multifamily Acquisitions at Balfour Beatty Communities. “The property’s unique duplex configuration combined with its prime location makes it an exceptional fit for our investment strategy. Clemson University continues to demonstrate strong enrollment growth and long-term demand for high-quality off-campus housing, and Clemson Village is well positioned to benefit from these favorable trends.”

The Clemson student housing market continues to exhibit strong demand, supported by the university’s academic reputation, vibrant campus environment, and consistent need for purpose-built housing options. Clemson Village is well positioned to benefit from these trends while offering residents a distinctive choice in living option. Following the acquisition, Balfour Beatty Communities plans to implement a series of enhancements designed to further elevate the resident experience and support the property’s long-term performance.

This acquisition underscores Balfour Beatty Communities’ commitment to thoughtful portfolio growth—focusing on well-located communities with lasting appeal and investing in ways that enhance both the resident experience and long-term value.

About Balfour Beatty Communities

Balfour Beatty Communities is an active owner and operator of residential real estate in the multifamily, student and military housing sectors across the United States. Since its inception, Balfour Beatty Communities has invested in nearly 100 properties representing more than $7.9 billion of gross asset value. Our broad in-house expertise includes decades of acquisition, development, finance, renovation, leasing and property/facility management experience. Leveraging this extensive expertise and a customer service-focused approach, Balfour Beatty Communities seeks to create value in its real estate projects while delivering exceptional living experiences. For more information, visit balfourbeattycommunities.com.