Maslow’s Campus Communities and Pennybacker Capital Management have formed a strategic partnership that will provide Maslow’s with capital to pursue investment strategies focused on public-private partnerships (P3s) with universities nationwide seeking to modernize on-campus student housing infrastructure, as well as the selective acquisition and development of off-campus communities.

The partnership plans to raise dedicated investment vehicles for each of Maslow’s business segments, with an initial focus on on-campus P3s from sources of capital that best align with the objectives of colleges and universities. In addition, Maslow’s will have access to capital via Pennybacker’s existing suite of investment vehicles, as well as the ability to access third-party joint venture capital, as appropriate.

Founded by Bill Bayless in 2024, and joined by partners Jennifer Beese, COO, and William Talbot, CIO, Maslow’s programs, designs, develops and manages communities