It is no secret that the student housing industry was impacted significantly by the COVID-19 pandemic. Few groups felt that more accutely than colleges and universities. New on-campus development slowed dramatically as higher education institutions shifted their focus primarily to
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Financing student housing might not be as bad as you might think. While the capital markets are in flux, purpose-built student housing has some of the strongest fundamentals in commercial real estate going for it. Robust pre-leasing, very healthy occupancy
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It’s a good time to operate student housing. Who knew anyone would be saying that after a pandemic that shuttered schools and many housing facilities just two-plus years ago? But it’s true. Occupancy is high, rents are growing and demand
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In April, Blackstone agreed to acquire American Campus Communities in a transaction that took the industry’s largest public company private in a $12.8 billion deal. Many in the industry speculated how the transaction would affect ACC, which is the largest
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Particularly top of mind for student residents and always top of mind for an operator’s bottom line, savings and new technology controls for energy and utilities continue to be drivers in the student housing industry. To see what the current
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Health and wellness remain as important as ever to students. It’s simply part of who Gen Z is. They take care of their minds, bodies and the environment. Student housing operators know this, which is why they continue to emphasize
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July 1, 2021, was a big day for colleges, student athletes and any company that wanted to partner with said athletes on endorsement deals. This was the day the National Collegiate Athletic Association’s (NCAA) NIL — Name, Image and Likeness
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The cancellation of the NMHC Student Housing Conference — where many dealmaking meetings are held — took some wind out of the student housing investment sales market this fall. Activity was a little slower during the third quarter due to
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“Last year, we were concerned with COVID-19, and this year, we’re concerned with transactions,” begins Donna Preiss, founder and CEO of The Preiss Co. The sentence which perfectly encapsulates the status of the industry at the dawn of the new
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Tim Smith, managing partner and co-founder of Horizon Realty Advisors, says his firm has a different take on off-campus student housing. The company entered the sector many years ago by acquiring a conventional multifamily property located near a university that
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Student housing operators have always embraced furniture that can stand the test of time. Students can be a rough and tumble bunch, and experience (and budgets) dictate that it’s typically better to spend a little more up front for pieces
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Converting student housing properties to traditional multifamily has become a more noticeable trend as ever compressing cap rates pressure conventional multifamily investors to seek higher yields. And as many markets seek more affordable and market rate rental housing, converting non-performing
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