Franklin Street Student Housing

This article published by Forbes outlines 6 trends that student housing experts expect to see in 2025. For owners and developers, large deal size, social unit design, and early pre-leasing are trends to look out for this year. Developers are building larger communities with higher bed counts to capture a greater market share in one development.  Developers are also looking to maximize social interaction between roommates by trading private bedroom space for shared, communal space. Lastly, owners are looking to capitalize on students’ willingness to sign leases month in advance to create stability at their communities. For students, sustainability and affordability are the top two trends in 2025. Environmentally responsible housing with energy-efficient layouts and solar panels are becoming popular amongst this generation of students. Affordability is also a greater concern after a rough couple of years in the market. Students are willing to forgo their luxury pools and multi-story gyms are more simple amenities, such as on-site parking and fast internet. Franklin Street Student Housing #wisdomwednesday #studenthousing #CRE

Student housing is booming, and there are no signs of a slowdown, according to ConnectCRE. Student housing offers owners a higher sense of security than traditional multifamily due to its year-over-year strong rent growth and occupancy. Student housing is also unique in the way leases work. Owners sign year-long leases with students even though the apartment may not be physically occupied for the entire 12 months. Parental guarantees are another layer of added security for owners. Also, leases all start and end at the same time, based on the university's calendar. #franklinstreet #franklinstreetstudenthousing #studenthousing #apartments #multifamily #university #dorm #college #investorinsight 

At Franklin Street, our dedicated Student Housing Team is here to guide you through every step of your investment journey. Here’s how we can help: Proven Track Record: Our team has successfully facilitated numerous student housing investments, consistently delivering strong returns for our clients. Check out our case studies highlighting transformative projects. Expertise You Can Trust: With extensive market knowledge and industry experience, our team understands the nuances of student housing and is equipped to identify lucrative opportunities. Client Testimonials: Don’t just take our word for it—hear from our satisfied clients! Their success stories showcase the value of partnering with Franklin Street for your investment needs. Let us help you navigate the student housing market and discover your next investment opportunity. Together, we can achieve your financial goals! Learn more: https://bit.ly/40rsDfo #FranklinSt #StudentHousing #CRE

How can student housing operators retain residents this winter? While the leasing cycle is one of the main differences between student housing and traditional multifamily, and student housing doesn't have as much turnover during the winter, student housing operators can still learn from traditional multifamily operators in many ways. This article gives you a few ideas on activities to host for residents in the winter to maintain relationships and retain residents. #studenthousing #apartments #multifamily #universities #university #college #investmentsales #investmentcre #cre #investmentproperty

Tampa, Florida-based real estate company Franklin Street has boosted its national presence with the acquisition of a student housing investment sales team based in Cincinnati. The team comprises Joel Dumes, Patrick Mullowney, Kyle Teets, Seth Rosin, David Peirce, Jacob Bobo, Lauren Bounsall and Jacob Westgerdes.

Student housing has seen an influx of investors stepping into the sector, especially investors previously focused on traditional multifamily. The double-digit rent growth, high occupancy, low supply, and general resilience of student housing is very attractive. Financing these deals has changed significantly over the past few years. While banks used to be the number one source of debt/equity, life companies have recently stepped up to the plate. #studenthousing #investmentsales #cre #university #apartment #offcampushousing

For student housing investors, the pre-lease rate is an important indicator of how well an asset or market is performing. It helps gauge whether rents are appropriately priced, which markets can support new developments, and what trends students are gravitating towards. So which universities are standing out so far in the pre-lease cycle? The top five universities are not the same as last year's top five. RealPage, Inc. says the top five, which are 100% pre-leased for the next school year, are: 1. Appalachian State University 2. Brigham Young University 3. Clemson University 4. Kennesaw State University 5. Kent State University #wisdomwednesday #commercialrealestate #studenthousing

Last week, Franklin Street expanded its service offerings to include Student Housing while expanding to our 10th market, Cincinnati. “The new student housing arm is Franklin Street’s largest acquisition since the firm’s inception in 2006. It will be part of the institutional services group, which also includes Franklin Street's multifamily and self-storage teams.” Read the full article to learn more about the dedicated team that is strengthening our Institutional Services Group and adding to our culture. https://bit.ly/3UBw6UQ #FranklinSt #StudentHousing Joel Dumes, Patrick Mullowney, Kyle Teets, David Peirce, Seth Rosin, Jacob Bobo, Jacob Westgerdes, and Lauren Bounsall.

I am excited to announce a new chapter in my professional endeavors. My team and I (Joel Dumes, Patrick Mullowney, Kyle Teets, David Peirce, Lauren Bounsall, Jacob Westgerdes, Jacob Bobo) are joining Franklin Street as the Student Housing Investment Sales Team (Franklin Street Student Housing). Beyond proud to be part of such an amazing team and thrilled to be joining the Franklin Street family.