Toronto, ON—May 14, 2024— Campus Living Centres
was recognized for its industry-leading performance and sustained growth by receiving the prestigious 2024 Canada’s Best Managed Companies award for the tenth year in a row, fourth as a Platinum Club Member.
Celebrating over 30 years, Canada’s Best Managed Companies program awards excellence in private Canadian-owned companies with revenues of $50 million or greater. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, and innovation, governance and financial performance.
Michael Paul, Senior Vice President, Operations, Campus Living Centres said, “We firmly believe that our business thrives on innovation, and we are dedicated to crafting residence services that match the unique objectives of each of our partners. We are incredibly proud of our team, as they serve as the cornerstone of our success in the student housing industry.”
Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world-class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process.
Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.
“In the ever-evolving realm of student housing, government policy changes as it relates to the post-secondary sector, we are focused on remaining agile to be able to adapt quickly to the changing market” remarked Brian Freeman, Senior Vice President, Strategy & Development, Campus Living Centres. He further emphasized, “With a steadfast commitment to driving sustainable growth, we are excited to capitalize on emerging opportunities, and solidify our presence as a leader in the Canadian student housing landscape.”
The 2024 cohort of Best Managed companies share common themes such as having a people centric culture, targeting effective ESG strategies, and accelerating operational digitization.
Exploring new avenues for the advancement of tomorrow, this year’s Best Managed winners displayed courage, resourcefulness, and creativity,” said Derrick Dempster, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “We’re extremely proud to highlight the impressive achievements of companies such as Campus Living Centres in a rapidly evolving business world. Their exceptional accomplishments leave you feeling inspired, celebrated, and connected.”
About Canada’s Best Managed Companies Program
Canada’s Best Managed Companies continues to be the mark of excellence for private Canadian owned and managed companies. 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, and TMX Group.
For more information, visit 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 developers to manage their off-campus, purpose-built student housing assets.
With over 35,000 student beds that we either own and/or manage, we are the largest operator of student housing developments in Canada. Our integrated service delivery model is one that preserves and values the unique identity of our partner institutions, enhances the student experience, and improves the financial performance of residence operations.
For more information, visit campuslivingcentres.com or contact:
For more information, please contact:
Clarence Chong
Vice President, Strategy & Development
Campus Living Centres
P: 416-620-0635 x8160
E: cchong@campuslivingcentres.com