Conference Coverage

Investment-Update

Austin, Texas — In 2020, the COVID-19 pandemic brought an unexpected interruption to the student housing investment sales market. Following a strong leasing season for fall 2021, executives are seeing increased interest from buyers and sellers in the space, leading many to wonder what the next two quarters of 2021 will look like.  In a discussion led by Kieran O’Shea, managing director of Eastdil Secured, at the InterFace Student Housing conference in Austin, Texas, last week, a group of industry-leading owners and brokers discussed expected transaction volumes through the end …

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Awards-1434

Austin, Texas — Wednesday evening, July 14, Student Housing Business presented 25 prestigious Innovator Awards to student housing owners, developers, operators, architecture firms and universities for excellence in student housing development, marketing and operations. More than 100 industry experts judged on more than 140 entries in this year’s contest — the largest number of submissions to date. The Innovator Awards were presented during the InterFace Student Housing conference at the JW Marriott in Austin, Texas. Look out for more details on the winning projects in the July/August issue of Student Housing Business magazine. Winners are listed by …

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Power-Panel

Austin, Texas — Moving toward the start of a fresh academic year, the outlook for the student housing industry keeps getting brighter. A testament to the industry’s movement out of the pandemic is taking place at the InterFace Student Housing conference in Austin, where nearly 1,300 attendees have been able to gather in-person for the first time since April 2019. This year’s event, which concludes tomorrow morning, is taking place at the JW Marriott downtown. The student housing sector banded together like never before in the face of COVID-19 and …

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Student Housing Business magazine and StudentHousingBusiness.com are pleased to announce that the entry portal for the 11th annual Innovator Awards is now open! Student Housing Business’ prestigious Innovator Awards celebrate excellence in both off- and on-campus housing and draw a robust number entries and interest. Innovator Award winners will be announced during a special event at the annual InterFace Student Housing conference on Wednesday night, July 14th, at the JW Marriott in Austin. Innovator Awards winners will also be profiled in a special section of the September/October issue of Student …

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One of the biggest challenges during the COVID-19 pandemic for student housing internet providers has been upgrading their bandwidth capabilities to ensure that all students in a community have reliable and fast connections. The proliferation of video calling between students and professors during the pandemic has been a major driver of this hustle to upgrade connectivity services. The number of megabits per second needed for a Zoom call is something that today’s networks can handle, according to Daniel Myers, president and founder of DojoNetworks and a speaker at the NMHC/InterFace …

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One of the most pressing issues for general contractors today is the high cost of lumber. In the past five months, the cost of lumber has increased nearly 100 percent on projects, according to Justin Walker, president of Construction Enterprises Inc. Luckily, his firm had locked in the cost of materials prior to the pandemic on all but one of its current projects. Walker’s comments came during the Construction Market Update at the 2020 NMHC/InterFace Student Housing Conference. Joining Walker on the panel were David Mellema, director of preconstruction for …

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Author John C. Maxwell coined the phrase “Teamwork makes the dream work,” and student housing operators are experiencing that truism firsthand as they deal with the nightmare scenario of the pandemic and its ripple effects. Closed campuses, virtual learning, COVID-19 outbreak concerns and an uncertain leasing season next spring are all challenges that property managers are tackling in real time. Ironically, industry professionals say that the pandemic may actually be a net positive in the long run as it has forged colleagues closer to one another. Demi Sterling-Kinney, vice president …

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Verve

Student housing developers say now is a favorable time to aggressively pursue new projects as their customers voice a strong desire to resume on-campus learning, and they are using lessons learned over the past six months to bring debt and equity partners to the table in order to jump-start deals. Whereas demand drivers for new development in the traditional multifamily space typically center on job and population growth, the student housing sector often responds to different economic and social factors. In the COVID-19 era, these fundamentals are manifesting themselves in …

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The student housing industry has long been lauded for its recession resilience as an asset class. The challenges presented by COVID-19 have been adeptly met by the industry, which quickly formed a collaborative and flexible frontline with the ultimate goal of allowing students to safely continue to pursue their education. As the months have passed, it has been proven that student housing is not just recession resilient – it is pandemic resilient, as well. Bill Bayless, CEO of American Campus Communities, kicked off the NMHC/InterFace Student Housing Conference on Monday, …

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Over the course of the past six months, the student housing industry has grappled with a variety of challenges. For colleges and universities, the largest hurdle heading into the fall semester was deciding the safest route to take for re-opening campus. This included decisions on everything from whether or not in-person learning would be allowed, to whether students would be welcomed back into residence halls at normal volumes. These questions was deliberated over throughout the summer, sending a ripple effect through the industry as transactional volume slowed while investors waited …

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