For Andrew Stark and Nathaniel Fowler, principals of Timberline Real Estate Ventures, management of the company’s student housing portfolio has evolved through the years. Stark and Fowler entered the management business in 2011 with the creation of Campus Evolution Villages
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Like Austin, Madison, Columbus, Raleigh and a few other cities across the country, Columbia, South Carolina, shares the distinction of being home to a flagship state university and the state capitol, as well as being one of the larger cities
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The student housing sector has been touted as pandemic-resistant over the course of the last year, and for the most part, that sentiment rings true. Many markets showed resilience in rent payments, and leasing levels, as well as maintaining investment
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As the true artists of the industry today, architectural firms are not only designing luxurious, sophisticated buildings, but are also more reactive and ambidextrous than ever, responding in real time to the evolution of social behaviors and the rapidly fluctuating
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Investment sales in the student housing industry had an interesting 2020. After a promising start, the industry hit the pause button when the COVID-19 pandemic hit at the end of the first quarter. “Understandably, investors paused when COVID hit as
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COVID-19 has dealt many challenges to the student housing sector. Chiefly among those impacted are the managers and operators of properties, who have had to remain flexible and adeptly overcome hurdles including everything from keeping on-site staff members and residents
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After September 11, 2001, two Minnesota-based corporate pilots, Kyle Smith and Reggie Reed, concerned about the uncertainty of the airline business, decided to diversify their incomes by investing in real estate. Recognizing that off-campus student housing had taken hold at
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The student housing industry is in the midst of proving itself to be pandemic proof. However, the proof isn’t quite 100 percent there yet, prompting lenders to remain somewhat cautious. As the pandemic hit, many lenders — including the two
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You might have noticed that Cardinal Group Companies has been making moves. Over the past five years, the company has grown its third-party management business — a lot. Now managing more than 70,000 beds, the company has moved from Number
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Each year public-private partnership development seems to hit a new milestone within the industry. Universities have come to realize the benefits of leveraging the expertise and funding options available to the private sector in order to create best-in-class, unique residence
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Winter is coming. And by winter, I mean 2021. As the student housing community adapts to today’s COVID-19-driven reality, the rapid adaptation to this new normal allows us all to reflect on what is working now, how have we gotten
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Ever awakened surprised you didn’t have a hangover? Many student housing operators are feeling that way this fall. With many universities closing early in March 2020, a number of off-campus student housing properties expected to see their unexpected vacancies translate
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