Ted Rollins Bio

ted rollins

About Ted Rollins:

Ted Rollins is formerly the Chief Executive Officer of Campus Crest. He and Mr. Hartnett founded Campus Crest in 2004 and established it as a leading developer, builder, owner and manager of high-quality, purpose-built student housing properties located in targeted U.S. markets.  The company’s focus since inception has been on building and enhancing its vertically integrated business model, prototypical property type, The Grove brand and leading residence life program, SCORES. Ted Rollins has been instrumental in the company’s significant growth and strategic direction, including its sustainability initiative.  Prior to founding Campus Crest, Ted Rollins co-founded and managed companies that have successfully developed and operated real estate, as well as directed several private real estate focused investment funds.  Ted Rollins is lead director, member of the audit committee and chairman of the governance committee of Fortegra Financial Corporation (NYSE: FRF), a leading insurance services company.  He received his BSBA from the Citadel and his MBA from the Fuqua School of Business at Duke University.

About Campus Crest:

Back in the 1950’s, a student-housing surge began when the baby boomers started college. High rises with shared bathrooms; bedrooms and cafeteria-style dining halls were quickly built to keep up with demand.

Now, many of these older structures are poorly maintained and out of date. According to a recent survey by the Rosen Group, only 1 in 4 students can be housed on campus in many of the growing markets around the country. In addition to that, incoming students who aren’t familiar with having to share a room, due to fewer siblings, aren’t happy with their living arrangements. Most parents aren’t either.

Students are unlikely to live on campus after their freshman year, unless they are provided such options as an apartment or private rooms similar to off-campus housing. Kitchens, private bathrooms, study lounges, and social spaces used to be considered luxuries. Now they’re considered necessities. Thus the demand for better student housing.

Mike Hartnett and Ted Rollins were classmates at Duke business school and have worked together on and off over the last 24 years. In 2004, Mike and Ted founded Campus Crest Communities. They had a vision to develop the best “Fully Loaded” student housing properties in the industry. Today, there are 33 operating properties and 6 under development for delivery in fall 2012.