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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Like other industries, COVID was an accelerator for certain trends within student housing. These include a focus on health and wellness, a premium on personal space/privacy, and an increased reliance on technology. Though many developments halted during the pandemic, construction
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Delivering student housing projects in today’s environment takes more than just a skilled design and construction team. One must be creative, nimble and flexible — ready to face new challenges at the drop of a hat, from unexpected supply chain
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Choosing a roommate, like many other things, has gone digital. “These days, ‘there’s an app for that’ really is the mantra,” says Katrina Pawvluk, director of housing operations at North Carolina State University in Raleigh. Housing officials like Pawvluk and
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Oh, how easy it is to be a resident. They show up on move-in day full of promise to a brand-new (looking) housing community and a sparkling room. On their minds is a new school year, whether they’ll like their
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Furman University is a small liberal arts college that houses all its students during the course of their studies. Residence life and housing operate as one department to make that process easier for students, and to create a more personal
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The Preiss Company’s rise from mom-and-pop owner to institutional grade investor and operator is stunning in and of itself. From meager beginnings, over the past 35 years the company has risen to become one of the top owners of student
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