AUGUST ISSUE: Student Housing: A Hot Return on Investment
- Jul 29, 2014
Despite the economic downturn, higher-education enrollment remained unscathed. And it continues to surge, causing a greater demand for both on-campus and off-campus housing, with investor and developer interest following suit.
As cap rates in the traditional core markets of office, industrial, multi-family and retail continue to compress, investors are starting to seek yield by turning to non-core markets, among them student housing.
But the newly developed off-campus student communities are not the dorm-style rooms you might remember. Now they are resort-style properties with luxury amenities and high-end finishes.
Read the full article in the August 2014 issue of CPE. Access is free!