After three years in San Marcos, the Aspen Heights apartment complex has changed its name to The Village on Telluride due to a recent change in ownership and management.
Stuart Watkins, the complex’s director of public relations, said a “major investor” bought the apartment in 2012. Aspen Heights kept the management rights to the property, located on Mill Street, until the buyer decided to mainstream its portfolio. Aspen Heights then abandoned the property management agreement, and the complex’s name was changed to The Village on Telluride, effective Feb. 1.
Asset Campus Housing is the property management firm now overseeing The Village on Telluride. According to the company’s website, Asset Campus Housing builds and manages properties that serve the needs of residents, their parents, universities and academic communities.
The firm manages more than 50,000 student housing beds in more than 60 locations across the United States. The Village on Telluride will be the second property in San Marcos the firm manages. Asset Campus Housing manages State Flats apartments near Aquarena Springs Drive and Interstate 35, according to its website.
The internal staff who worked for Aspen Heights were transitioned over to work for The Village on Telluride, Watkins said.
General manager Nikki Holliday was one of these employees. Holliday said the Aspen Heights locations in San Antonio and College Station have gone through the same process with different buyers.
“Everything is going to be the same: same employees, same staff,” Holliday said. “The only thing that is different is the management and the name change.”
Assistant general manager Melissa Figueroa is another employee experiencing the transition. Watkins said Figueroa has been working at the San Marcos Aspen Heights location since she was a student.
“We want people to know that we will be delivering the same exact product,” Figueroa said. “Nothing is changing, same customer service, and we are honoring everything residents have signed for in the past.”
Holliday said as of now all rules and policies of the complex are remaining the same.