Market Intelligence: Winter Student Housing Update
As the calendar year winds down, the student housing leasing season is just starting to ramp up. While the first few months of the leasing season can yield insights into near-term expectations, it’s also important to review the industry trends that have influenced performance in the months leading up to this point.
Although national-level data provides the framework to understanding industry performance-at-large, analyzing campus-specific drivers helps uncover the influences that drive performance at a micro level. With the student industry evolving to adapt to challenges stemming from the pandemic, you’ll want to review which industry changes are temporary and which emerging trends are here to stay.
Join RealPage® experts Jay Parsons, Carl Whitaker and Kevin Jones as they review the state of the student housing industry and discuss topics including:
- National performance indicators like prelease occupancy, rent growth and demand influences driving that performance
- An overview of campus-specific drivers and how to view individual campus performance in the national context
- RealPage forecast insights: expectations for the industry and potentially positive (or negative) influences on future performance and investment interest
Jay Parsons serves as RealPage’s Deputy Chief Economist and Vice President of Asset Optimization and Renter Engagement. He is a frequent author and speaker on topics including rental housing investment and asset management strategy, rental housing policy issues, risk management and property management – covering apartments and single-family rentals. Jay has been cited in The Wall Street Journal, Bloomberg and CNBC, among other outlets. His commentaries have been published by the Pension Real Estate Association, the Mortgage Bankers Association, the National Apartment Association, American Banker and GlobeSt.
Carl WhitakerManager, Real Estate Economist, RealPage, Inc.
Carl Whitaker is a Real Estate Economist with RealPage’s Data Analytics division. At RealPage, Carl has specialized in creating industry presentations, market and submarket trend reports and crafting ways in which data can be more easily consumed and leveraged by clients. Carl holds degrees from the University of North Texas, including a Master of Science in Applied Geography.
Kevin JonesVice President, SimpleBills, RealPage, Inc.
Kevin Jones is the VP at RealPage. Kevin co-founded SimpleBills back in 2008 when he discovered a pain point of dealing with utilities while having a college roommate. He served as SimpleBills' president for eleven years, creating a utility management solution for student, multifamily and single family markets. Since its origin, the company has grown to service over 175,000 residents nationwide. Kevin is looking forward to continuing SimpleBills' mission to disrupt utility management as we know it in order to make utilities simple for residents and properties.