Off-campus

Baltimore-Development

Baltimore — MCB Real Estate has broken ground on Flats at the Markley, a 146-unit student housing development in the Beverly Hills neighborhood of northeast Baltimore. Situated along Harford Road, the off-campus property will serve students attending nearby Morgan State University. MCB says the five-story development will feature, “apartments with in-unit washers and dryers, study rooms, game rooms, onsite parking and an outdoor courtyard.” MCB expects to complete Flats at the Markley in summer 2025.

0 FacebookTwitterLinkedinEmail

  The April 27 webinar “You Have Eight Second – How to Market Student Housing in 2023,” hosted by Student Housing Business and sponsored by Conversion Logix, was driven by questions about how best to appeal to Gen Z: How should student housing owners and operators leverage platforms like TikTok, YouTube and Instagram to get messages in front of students? What does the future hold for automation and AI in student housing? What are the best practices for seamless integration into chat, SMS and email marketing? What trends and values are characteristic of Gen Z’s inclinations? Why …

0 FacebookTwitterLinkedinEmail
Stacey Lecocke Asset Living Property Management

In times of slowing economic growth, property owners and developers frequently shift their attention away from expansion to focus on portfolio optimization. In turn, that can put added pressure on property management firms to perform at a high level. At Asset Living, a Houston-based manager of conventional and affordable apartments, build-to-rent communities, active adult and student housing, executives are emphasizing people, processes and technology to ensure that their clients achieve success not just during a slump, but in any economic environment, says Stacey Lecocke, who, as an executive vice president, …

0 FacebookTwitterLinkedinEmail

  The March 28 webinar “Student Housing Case Study — Partnering with a Custom Furniture Fabricator Brings a Vision to Life,” hosted by Student Housing Business and sponsored by Morgan Li, covered important questions in the world of student spaces. This hour-long presentation focused on case studies in the industry and what can go right when partnerships take on design goals, modular approaches, production issues and more — as a team. Learn more about these topics and more: The benefits of modularity and why it’s becoming so popular. What design trends are students excited about? Design …

0 FacebookTwitterLinkedinEmail
The Dickson Furniture Manufacturing plant

Selecting a vendor for off-campus student housing furniture means considering many moving parts to keep a complicated process moving forward. To talk timing, process and practical considerations for furniture, Student Housing Business sat down with Kris Benson, director of sales at Dickson Furniture Manufacturers, a U.S. company that specializes in designing, engineering, building and coordinating the delivery and installation of student housing goods. When considering purchasing furniture for a student housing property, Benson recommends the following checklist of important questions to streamline the process: What is your timeline? Who are you …

0 FacebookTwitterLinkedinEmail
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 …

0 FacebookTwitterLinkedinEmail
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 …

0 FacebookTwitterLinkedinEmail
Park-Tower

Long Beach, Calif. — Plans have been filed with the City of Long Beach for the conversion of Park Tower, a 119,287-square-foot office building, into a student housing community. This will be the first off-campus student housing property serving California State University, Long Beach. The adaptive reuse project will be developed by Fountain Residential Partners, which hopes to break ground in late 2023 on the development. The property is set to offer 539 beds in on-campus-style residential suites with large lounge areas on each floor. Shared amenities will include study and …

0 FacebookTwitterLinkedinEmail
The-Marshall

St. Louis — Aptitude Development is set to break ground on The Marshall St. Louis, a 508-bed student housing community located near St. Louis University. Construction on the project is set to begin this spring with completion scheduled for fall 2025. Shared amenities at the property are set to include an expansive hot tub, fitness facility, gaming lounge, collaborative and individual study spaces, cafe areas and fire pits. 

0 FacebookTwitterLinkedinEmail
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 …

0 FacebookTwitterLinkedinEmail