Victor Allison’s Post

You Learn: Why investors increasingly love student housing "Student housing has become a darling of the multifamily asset class. Real estate investor Brian Dinerstein and CBRE’s Jaclyn Fitts explain how the sector has bounced back from pandemic-era challenges and offers enticing opportunities for investors." #realestate #realestateinvesting #realestateinvestor #multifamilyrealestate #multifamilyinvesting #studenthousing #studentrentals

Data shows that #StudentHousing pre-leasing is at an all-time high, hitting 7.1% in January. This combined with its record high leasing rates for buildings under construction last year shows that what was once "lying on the fringes of the commercial real estate spotlight," is quickly becoming a valuable #CRE asset. What do you think is driving this trend in student housing? #RealEstate

Student housing remains one of the most attractive and in-favor asset classes in commercial real estate, but it’s no “easy A” for developers and investors. The market has changed dramatically since I started in multifamily and student housing development more than a decade ago, particularly in how developers finance and manage costs for student housing projects. Struan Robertson CRG Multi-Housing News #studenthousing #newdevelopment #capital https://lnkd.in/gRmDqRGY

Garrett Champion: The sales market is obviously considerably down from where it was years ago. But capital is absolutely attracted to student housing in particular, because of the fundamentals and the rent growth that has occurred and is continuing to occur. It allows buyers to forecast positive leverage quicker than what they’re seeing in multifamily. https://lnkd.in/gWN3gERt #studenthousing #powerfive #universities

👨🎓 🏠 It’s a good time to be in student housing. While conventional multifamily housing grapples with slowing rent growth, fueled by a surge in new supply, student housing remains a hot commodity. Occupancy rates are high, rents are growing, and demand is through the roof. Naturally, the industry wants to keep the good times rolling, but significant challenges remain, particularly with turn season fast approaching. Read more in our latest blog: https://lnkd.in/eBskGjED #studenthousing #proptech #studentturn

Great article on student housing as a resilient asset class.

Rent Growth, Waning Supply Draw More Investors To Student Housing - Bisnow Multifamily has been drawing the largest share of investment dollars of any commercial real estate sector this year amid a difficult capital markets environment, and one segment within multifamily has emerged as an especially attractive pearl of opportunity for many investors. The student housing sector, with double-digit rent growth and occupancy in the mid-90% range, is attracting a new, diverse array of debt and equity investment that is only expected to increase. Industry executives at Bisnow’s Mid-Atlantic Student Housing Summit, held last week at The Westin Georgetown, spoke about the increasing appeal of student housing and the fundamentals that are poised to push the sector even higher on lenders' and buyers' wishlists. Click the link below to read the full article. https://lnkd.in/eHRVATYQ

According to a recent Yardi Matrix report, national preleasing levels reached 61.5 percent in February 2024. University of Oklahoma surpassed the national average, attaining 64 percent in preleasing activity in February, despite a year-over-year decline of 4.2 percent. The rent per bed reached a national average of $883 in February, riding a high marked by consecutive month-over-month increases dating back to May 2021, the same report reveals. The University of Oklahoma registered a year-over-year rent-per-bed growth of 7.8 percent, reaching $679 as of February. Cardinal Group Companies, MHN’s gold finalist for Best Marketing Campaign during 2022’s Excellence Awards, also owns Millenium, a 686-bed student housing community less than 2 miles from Campus Lodge. With its latest acquisition, the firm’s student housing footprint reaches nearly 2,200 beds in metro Oklahoma City, according to Yardi Matrix data. https://lnkd.in/gegZA-nh #studenthousing #realestate #rents

As first shared on the Bisnow Mid-Atlantic Student Housing stage, Acumen, on behalf of a multifamily office fund, is thrilled to announce our participation in the recapitalization and Co-GP buy-in of a substantial multifamily portfolio spanning 4+ states. Many of these properties serve as shadow multifamily assets across 10+ schools, including Florida State University, University of West Florida, The University of Texas at Dallas, University of Tampa, University of South Florida, and University of Arkansas, encompassing 25+ properties with 5,500+ units and 9,800+ beds. "Shadow multifamily" in student housing refers to rental properties that compete with purpose-built student housing but aren’t specifically designed or marketed for students. Foreign investors and family offices are increasingly recognizing the value in these assets, which provide students with diverse living options while giving investors a strategic edge. As student housing experiences double-digit rent growth, significantly outpacing multifamily, Acumen continues to focus on Co-GP and LP opportunities in both student housing and shadow multifamily assets, particularly in Tier 2 and Tier 3 markets. Our strategy includes aggressively acquiring non-performing or underperforming assets through auctions, note purchases, and strategic partnerships such as GP, Co-GP, and LP. A big thank you to the lead family offices and JLL for their role in this successful transaction! #Acumen #StudentHousing #ShadowMultifamily #RealEstateInvestments #FamilyOffices #CRE #RentGrowth #Tier2Markets #InvestmentOpportunities #RealEstate #InvestmentStrategies #WealthManagement CBRE TSB Realty Newmark JLL #SuccessionPlanning Greysteel #HighNetWorth Cushman & Wakefield Austin Repetto Randall Calvert #blueprint MMG Real Estate Advisors Caleb Frizzell Jordan Callaway Jack Brett Harry Trotter Saban Sellers Corey Egan Tyler Hague, LEED AP Andrew Brown Tommy Coleman Daniel Elam Gregory Coulter Art Barnes Zar Haro Kent Myers Adam Sumrall Steve Monroe

Exciting news from the latest Yardi Matrix report reveal a promising outlook for student housing in 2024! With preleasing rates surpassing 50% and asking rates hitting record highs, the market is showing resilience and growth. It's clear the sector is thriving. #studenthousing #realestate