The amount of off-campus housing is on the rise, as more investors enter the privately owned student housing arena. How is it affecting the sector’s performance?
In a new report, Alma Pena of Axiometrics, a RealPage company, provides an overview of new supply’s impact on performance within major student housing markets.
“Some are seeing substantial levels of new purpose-built beds, while others are receiving little to no new supply,” Pena writes. “The effects of this supply (or lack thereof) can be seen in leasing performance across universities with very different supply and demand fundamentals.”
For the complete analysis, view the report here.