Ted Rollins Discusses Perspectives on Campus Crest Development
1. Ted Rollins discusses perspectives on Campus Crest development
According to Ted Rollins, CEO of Campus Crest, his development team executes locally, while being supported
by corporate staff. Their main responsibilities are site selection, investment underwriting and entitlements.
“Site selection is very important and not something that's taken lightly,” said Rollins. “Our team, including our
founders, works with regional development partners strategically located across the United States.”
They provide them with a list of potential markets based on research. Each location must comply with a site
criteria checklist and pass certain filters before it is chosen.
In terms of underwriting, Rollins and his team focus on the details of each potential project.
“Every project is reviewed and approved by all key members of our executive team,” said Rollins. “By the time
we are prepared for final approval, each member of our senior team has been to the site, reviewed all of the
information at our underwriting committee meeting and signed off on the project.”
The team collects and summarizes a variety of information and
uses it to create development, construction and operating
plans for each new property.
The Campus Crest Development team spends many hours
creating the best possible site plan for each project and takes
into consideration all the possible points. Each project is
considered in the overall context of each unique municipality
and goes through iterations to create the most effective and
cost-efficient plan.
“Once this is in place with each community, we then work with the various professionals in each market to
deliver the fully designed package and work with them and the local municipality to gain all entitlements and
permits necessary to construct the project,” said Rollins.