While much of the country is logging big volumes of new apartment supply, a handful of markets have seen modest delivery volumes in the past five years.
In recent years, several universities have changed on their policies to require certain undergraduates to live on campus. Most of the recent policy changes affect freshmen, but some affect sophomores and juniors. The requirements are aimed at enhancing student experience and academic achievement. But such changes in living requirements have shown to impact the off-campus read more
The record number of apartment units in lease up has impacted all three product segments, resulting in a reduced pricing premium between asset classes.