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Doug Mueller Student Housing Furniture Design quote

Just as modern student housing suites are rendering the utilitarian college dorm rooms of past generations obsolete, more stylish furniture options in today’s units have replaced yesterday’s purely functional and no-frills standard. Considering the habits of the average college renter are evolving much more slowly, however, student housing owners continue to demand durability. Ultimately, this characteristic directly affects the value of properties, suggests Doug Mueller, CEO of Dickson Furniture Manufacturers, a Houston-based company that primarily caters to the student housing and hotel industries. That’s especially true when considering furniture typically …

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Elsa Liao TheGuarantors Rent Insurance AI quote

Advanced risk assessments for rent and deposit insurance products are helping a growing number of owners and managers of purpose-built student housing to streamline their businesses. Algorithms and models driven by artificial intelligence (AI) can improve the risk assessment process, indicating factors and patterns tied to the possibility of default. For landlords that accept them, rent and deposit coverage policies take the place of personal guarantors or traditional cash deposits. For typically less than the cost of one month’s rent, renters can purchase a policy that pays their landlord if …

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Housing for Chinese International Students pull quote

With over 317,000 Chinese students studying at the graduate or undergraduate level in the United States, and with that number likely to grow rapidly, student housing for Chinese nationals presents a wealth of opportunities for owners and operators. COVID temporarily decreased international student enrollment, but now students are returning. This surge reflects an ongoing, global trend. A 2022 report from market research firm HolonIQ projects that the worldwide number of international students is set to increase from 5 million students currently to 8 million by 2030. “The demand amongst Chinese …

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Enclaves at College Town

Having completed the first full school year without a major interruption to the traditional classroom setting since March 2020, student housing operators are preparing for a leasing season without COVID-19 uncertainty taking center stage. Given that multifamily technology platform RealPage pegged average U.S. occupancy at a record high of 94.1 percent in the fall of 2021, repeating that performance would signal a continuing strong recovery for the sector. Joe Goodwin, senior vice president of strategic analytics and research with Asset Living, anticipates that this fall’s occupancy rate will rival last …

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