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JIM SHOLDERS PROMOTED TO CHIEF EXECUTIVE OFFICER AT CAMPUS LIFE & STYLE

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NEW YORK, NY, Dec. 07, 2021 (GLOBE NEWSWIRE) — Vesper Holdings (“Vesper”) is pleased to announce that Jim Sholders has been promoted to the position of CEO at Campus Life & Style (“CLS”), its wholly-owned property management company. CLS manages Vesper’s rapidly growing portfolio of student housing communities along with various student housing properties owned by its third-party management clients. With over 28,000 beds under management spread across 31 markets, CLS’s student housing portfolio is one of the largest in the United States.

Mr. Sholders previously served as CLS’s Chief Operating Officer. In his new role as CEO, Mr. Sholders will be responsible for managing the company’s overall operations including driving profitability and managing CLS’s organizational structure and growth strategy.

Prior to joining CLS in 2015, Mr. Sholders served as American Campus Communities’ (“ACC”) Senior Vice President of Management Services, a position he held from 2005 to 2015. He was responsible for all aspects of operations for a portfolio that grew to over 170 properties. Mr. Sholders received a BS from West Virginia University. He is a Certified Property Manager (CPM) and is a licensed Real Estate Broker.

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