Fort Lauderdale, Fla. — A public-private partnership between RISE: A Real Estate Company and Nova Southeastern University has opened Mako Hall, a 608-bed living/learning community on the university’s campus in Fort Lauderdale. The development offers a mix of one-, two- and four-bedroom, apartment-style units. Shared amenities include lounge areas, open and semi-private study rooms and an outdoor courtyard with hammocks, table tennis and grilling areas.
Pursuing higher education is not a decision to be taken lightly. Whether a student chooses medical, graduate, business or law school, it will require money, time and dedication. Investing in education means less time to worry about other responsibilities, day-to-day errands and even socializing with friends. This is where student housing owners and operators can differentiate themselves within the industry. With students’ energy directed elsewhere, there is a market for communities geared toward making their lives outside of the classroom easier and more streamlined while meeting their desire for post-undergraduate …
Nik Middleton, founding and senior partner / CEO of CUBE 3, knows it’s important to do more with less when it comes to today’s student housing. That’s because proximity to campus has become more important than ever. Middleton has seen the industry evolve, with residents placing a premium on assets closer to campus. This has caused investor interest to shift from suburban sites a few miles from campus to urban, high-rise settings within mere yards of a university. Building upward has placed constraints on spaces, meaning developers have to maximize …
Gen Z is one of the most fiscally responsible generations we’ve seen in a long time, prompting student housing companies to find creative ways of satisfying both cost and quality of life for students, especially within the off-campus luxury housing market. The following are important features to consider when designing and developing a student housing community geared towards this demographic: Innovated tech experiences One thing we know about Gen Z is that they are hyper-connected and have always lived on-demand. With an influx of luxury student housing options, student housing …
