The Minnesota Star Tribune’s Post

The challenges of college #affordability and #AffordableHousing are colliding for college students. For many of students, the cost of living in a dorm or renting an off-campus apartment is more expensive than their tuition. Close to 50% of students experience some form of housing insecurity in our country. Pell Grants only cover so much, more policies are needed to address this critical issue facing the #NextGen.

Reflecting on my college days, the largest student housing property was about 500 beds, and it was the place to be! Despite being a little further out, everyone wanted to live there, possibly due to FO-MO or because it offered the best amenities. Fast forward 10 years, and the student housing landscape has evolved significantly. Those students have it MADE! Reading more into this article, I lean towards the “sweet spot” for off-campus development settling into the 400-to-600-bed range because, as Ms. Fitts wisely noted, “those are more realistic to fill. You have to know you have the demand to fill your housing. The economics have to work.” However, the idea of large properties with up to 2500 + beds could become more popular as we adapt to changing demands and preferences. What do you believe is the "sweet spot" for bed count? #studenthousing #multifamily #purposebuilt #Leasing #propertymanagement

New Study Alert - 10 Ideas For Making Housing More Affordable For College Students This newly released study from the City of Austin also includes information from other cities on the college student affordability issue such as Portland, Oregon, and Boston, Massachusetts. The City's Housing Department came up with the top ten list after engaging with local universities and students, analyzing student population and housing data, and analyzing practices in other cities. #Mayor #CityCouncil #CityManager #AffordableHousing #CityPlanner

At a university level, several schools continue to report ultra-strong pre-lease readings, including University of Mississippi (in a welcomed turn of events from its recent past), University of Tennessee, Knoxville, Appalachian State University, Purdue University, Virginia Tech and James Madison University. Meanwhile, two University of California schools – Sacramento and Fresno – reported pre-lease readings below 40% as of March. Ole Miss and Tennessee also reported the strongest annual rent growth in the nation, both at over 20% as of March. About 18 other schools posted annual rent growth between 10% and 15% as of March, including the universities of University of Virginia, University of Kentucky, University of Arkansas, University of Wyoming, University of Delaware, Univeristy Of Arizona and University of Oklahoma, as well as Clemson University and Purdue. #studenthousing #growth #rentalrates https://lnkd.in/gQjaU4yt

🏫🏠 University Housing: Your Thoughts? 💬 Should universities be responsible for constructing accommodation for students to help relieve pressure on housing? Share your views on the role of universities in addressing student housing shortages and its impact on the community. #StudentHousing #UniversityResponsibility 🏢📚

According to Joshua Glanzer, freshman and sophomore students are prioritized for on-campus housing, as studies have shown that on-campus living aids in a smooth transition from high school to college. He says this is Florida Atlantic University third year of housing waitlists due to an influx in on-campus housing applications and a limited supply of affordable local housing. “We understand the local market has made off-campus living a challenge for students and their families, and we are in the process of seeking approval to build more university housing,” Glanzer said. “This is a complex permitting and building process, and the earliest this will be completed is the fall of 2026. Meanwhile, if a student needs off-campus housing, there are several local apartment communities who market directly to students #studenthousing #housingdemand #developmentneeded https://lnkd.in/gMJmrpf3

As colleges across the country struggle with dwindling enrollment and rising costs more campuses are becoming available for sale. With the high unlikelihood of staying strictly academic, our experience shows that a well thought out and methodic approach to this unique real estate asset can result in dynamic new uses. Here is an article I wrote in the New England Real Estate Journal #highereducation #adaptiveuse #education #realestate #NEREJ

Off-campus apartments, known to fill gaps in colleges and universities’ housing systems, also are tipping the local supply-demand imbalance. Discover the metropolitan areas with the highest concentrations of undergraduate students that would substantially benefit from new housing. Read more from Chandan Economics: https://lnkd.in/gqg8cn7F #ArborResearch #MultifamilyInvesting #CRE #REIT

It’s a common challenge among universities: misjudging student housing requirements due to various factors like sudden increases in enrollment or unexpected building problems. This often leads to students residing in less-than-ideal accommodations, from unconventional spaces to uncomfortable living arrangements. Learn more about innovative solutions colleges are exploring to address campus housing issues. Inside Higher Ed #StudentHousing #HigherEducation #CampusLife

The city of Henderson is gearing up for a major transformation as Nevada State University (NSU) prepares to accommodate a massive surge in student population. Initially opened 22 years ago with just 144 students, NSU now serves 7,200 students. By 2047, this number is expected to nearly triple, reaching 20,000 students. The development represents a significant opportunity for commercial real estate, particularly in housing, retail, and mixed-use spaces, as NSU’s growth will drive demand for student housing, dining, and entertainment. Developers and investors are already being encouraged to participate in these projects, making it an exciting time for those looking to capitalize on Henderson’s evolving landscape. Are you investing in Henderson? We are! #cityofhenderson #cre #commcap https://lnkd.in/gAZ_GUTN