Sector hits turbulence amid rising delinquencies and falling college enrollment
The Wall Street Journal (January 2, 2020) — The student-housing sector, which had become a darling of real-estate investors in recent years, is running into turbulence.
About 3.9% of the debt backed by student housing that was converted into commercial mortgage securities was more than 60 days late at the end of November, according to Fitch Ratings Inc. That is up from 2.78% one year earlier, Fitch said.
Read more at: The Wall Street Journal