coronavirus

The coronavirus pandemic has had a major impact on all aspects of on- and off-campus student housing. In an attempt to better assess that impact and the sector’s outlook for the future, Student Housing Business conducted a survey of industry professionals over the course of several weeks in May. The survey was separated by industry function for specific elements of the business, allowing SHB to better understand the pandemic’s distinct influence on each segment of the industry. Of the survey’s 569 respondents, 27 defined their company’s role in the industry …

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A number of universities have announced plans for the fall semester against the backdrop of the coronavirus (COVID-19) pandemic. As plans continue to be announced, Student Housing Business is working to compile an up-to-date resource for the industry on planning for the upcoming academic year. Please check back often, as this page will be updated as news filters in. Arizona State University Arizona State University is set to resume on-campus, in-person classes on Aug. 20. The university will offer courses in a variety of learning environments to accommodate students’ needs …

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Austin, Texas — American Campus Communities (ACC) has provided a COVID-19 interim update on universities’ planned delivery of curriculum for the fall, leasing for the 2020-2021 academic year and progress on rent collections.  University Announcements Forty-seven of the 68 universities served by ACC’s portfolio are planning to return to in-person classes for fall 2020, while 12 are still considering a range of possible scenarios including a hybrid in-person and virtual class model, according to reports by The Chronicle of Higher Education. Three universities that the company serves — which are …

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As the world reacts and responds to the COVID-19 pandemic, we are observing the best and the worst of human nature and everything in between. By and large, I choose to focus on the good — the examples of organizations and individuals acting courageously, following the rules and respecting others, all while looking optimistically towards a future return to ‘normal.’ But what will ‘normal’ look like following the pandemic? With increasing frequency, I have noticed a torrent of speculation about how we are going to come out of this pandemic …

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The coronavirus (COVID-19) pandemic has had a major impact on all aspects of on- and off-campus student housing. In an attempt to better assess that impact and the sector’s outlook for the future, Student Housing Business conducted a survey of industry professionals over the course of several weeks in May. The survey was separated by industry function for specific elements of the business, allowing SHB to better understand the pandemic’s distinct influence on each segment of the industry. Of the survey’s 569 respondents, 286 defined their company’s role in the industry as …

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Long Beach, Calif. — The California State University system has announced that classes will primarily be delivered virtually for the fall 2020 semester, with limited exceptions for in-person teaching, learning and research activities that cannot be delivered virtually. These activities will only take place if they are indispensable to the university’s core mission, and they will be conducted using rigorous standards for safety and welfare. These exceptions might include clinical classes with training mannequins for nursing students; essential physical and life science laboratory classes enabling degree completion and entry into the energy …

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The student housing industry has been uniquely affected by the coronavirus (COVID-19) pandemic. Our niche asset class has been proclaimed ‘recession-proof’ since its inception, and COVID-19 has been the ultimate test. One after another, universities across the country shut down, transitioned to online classes and sent their students home. What we have found during this time is that college students do not go home just because class is cancelled. Across the nation, students are still living in their off-campus apartments and rent is still being collected.  Additionally, students who were …

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In a webinar released Monday, Student Housing Business spoke with Bill Bayless, CEO of American Campus Communities (ACC), about the company’s response to the coronavirus (COVID-19), pre-leasing for the upcoming academic year and his outlook for the road ahead. With over 100,000 beds of owned and operated student housing across 92 universities, ACC was forced act quickly at the onset of the pandemic to ensure they were meeting the needs of all stakeholders involved, including students, parents and university partners.  Click here to listen to the webinar, sponsored by Delos, …

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Bill Bayless, CEO of American Campus Communities, spoke in an exclusive interview with Randall Shearin, Editor of Student Housing Business, and Richard Kelley, Publisher of Student Housing Business about managing through the COVID-19 crisis and what the “new normal” might look like for both the student housing industry and higher education overall. American Campus Communities owns and manages over 100,000 beds at 92 universities, so the onset of the coronavirus required a combination of quick thinking and “doing the right thing” to meet the needs of all stakeholders involved, including …

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With social distancing and online classes continuing on campuses nationwide in response to the coronavirus (COVID-19), owners and operators are trying to reconfigure their leasing strategy for success in the new environment.  Last week, Student Housing Business released a complimentary webinar sponsored by VR Student Housing, during which student housing experts discussed best practices for maintaining leasing velocity despite the uncertainties brought on by COVID-19.  Jake Jarman, COO and principal of Redstone Residential, moderated the discussion between Mason McConathy, director of marketing at University Partners; Chris Gardner, managing partner at Jumpem; …

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