Campus Living Centres named as one of Canada’s Best Managed Companies Platinum Club Member
Toronto, ON—May 10, 2022— Campus Living Centres was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation for the eighth year in a row, and second as a Platinum Club Member. The 2022 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $50 million demonstrating leadership in the areas of strategy, capabilities and innovation, culture and commitment, and financials to achieve sustainable growth. Now in its 29th year, Canada’s Best Managed Companies remains one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world‐class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.
“Our business was faced with unprecedented challenges as we navigated our way through the COVID-19 pandemic. We continued to have students live in our communities, and out of necessity, we had to reimagine our traditional marketing and leasing practices, social programming, and the manner in which we delivered student support services. Finding a way to continue to deliver an exceptional student experience, and at the same time meeting or exceeding client expectations in an unpredictable environment was a challenge, but our teams delivered portfolio-wide.” said Brian Freeman, Senior Vice President, Strategy & Development, Campus Living Centres. He added, “Our team’s ability to maintain our high service standard levels, both to our students and clients, is what allowed us to grow our management portfolio by 23% in 2021, with total student beds under management now at 30,000 students”.
“The 2022 Best Managed winners exemplify innovation, adaptability, and resilience in the face of uncertainty,” said Lorrie King, Partner, Deloitte Private and Co‐Leader, Canada’s Best Managed Companies program. “Over the past year, these forward‐forging companies have pivoted to successfully respond to challenges and capitalize on new opportunities, leveraging industry‐leading competencies to maximize their investments and drive sustainable growth.”
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2022 Best Managed companies share commonalities that include (but are not limited to) putting their people and culture at the forefront, focusing on their ESG strategies and doubling down on accelerated digitization.
“The Best Managed designation is one that can only be accomplished with an incredible team,” said Michael Paul, Senior Vice President, Operations, Campus Living Centres. He continues, “We are so proud of our team’s commitment to our students, partners, and each other, and we are honoured to accept this on their behalf.”
“The pandemic has changed the way businesses operate and these winners have responded by transforming and pivoting their companies so that they are leading the way forward for the future,” said Dino Medves, Senior Vice President and Head, CIBC Commercial Banking.
2022 winners of the Canada’s Best Managed Companies award will be honoured at galas across the country. The Best Managed virtual symposium will address leading-edge business issues that are key to the success of today’s business leaders.
The Best Managed program is sponsored by Deloitte Private, CIBC, The Globe and Mail, Salesforce, and TMX Group.
About Canada’s Best Managed Companies
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $50 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4‐6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte Private, CIBC, The Globe and Mail, Salesforce and TMX Group. For more information, visit www.bestmanagedcompanies.ca.
For more information, please contact:
bestmanagedcompanies@deloitte.ca
www.bestmanagedcompanies.ca
About Campus Living Centres
Campus Living Centres was founded in 1989 with the purpose of assisting universities and colleges with the planning, design, financing and management of student residences and conference facilities. More recently, we have collaborated with institutional grade, private development partners to manage off-campus, purpose-built student housing. As the largest operator of student housing in Canada, Campus Living Centres has a portfolio of approximately 30,000 beds, which includes a combination of both managed and/or owned student housing developments, and commercial real estate. We are partnered with 27 Canadian post-secondary institutions, and have successfully completed 18 P-3 student housing projects to date.
Contact information:
Clarence Chong
Senior Director, Marketing & Client Relations
416-620-8160 ext. 8160
cchong@campuslivingcentres.com
campuslivingcentres.com
