As summer ended and fall move-in was on the horizon, students, universities and the student housing industry looked forward with anticipation towards the hopeful return to a more normal college experience after a challenging 18 months due to the COVID-19
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Nimes Capital is a well-known name in the family office investment business. To separate its investments in tech and other sectors from its real estate ventures, the company founded Nimes Real Estate (NRE) in 2013 to focus a team on
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The COVID-19 pandemic changed the ways schools operate, how classes were taught, and how students learned and socialized in 2020. Though hospitalizations and deaths are waning thanks to a vaccine, life still hasn’t returned to normal for anyone, including students
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There are 11 university markets set to add 1,000 or more student housing beds this year, according to data from RealPage. The Richardson, Texas-based research firm tracks new construction, rental rates and leasing activity in 175 core university markets for
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Like many things in life, today’s student housing communities are leasing based off two different factors. When cost isn’t a major (or at least not the biggest) issue, many students are choosing a property based on whether it fits their
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The pandemic appears to be under control. Students are returning to classes. And student housing owners are singing the praises of a newish trend that has not only gotten many through the pandemic, but served as a blueprint for the
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Like America, Canada is facing housing issues that have been exacerbated by the pandemic. Apartment rents in many cities throughout the provinces of Ontario, Quebec, and British Columbia have risen by more than 5 percent — sometimes as high as
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Rising construction materials costs have been one of the biggest stories of the pandemic era. When COVID hit, many factories ramped down production. In addition, some raw materials industries had challenges like tariffs, natural disasters and COVID-related slowdowns. When construction
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Third-party property management has evolved over the past few years, at least according to Ryan Hand, vice president of business development and client services at CA Ventures. “Not only have we seen new competitors enter the space, but we’ve also
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Student housing has not historically been an industry synonymous with the sharing of data. Sources for industry-wide metrics are slim, and the vast majority of owners within the sector are privately-held. This all changed with the emergence of COVID-19 last spring.
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With nearly 20,000 beds under ownership, Vesper Holdings has grown at the direction of co-founders and co-CEOs Isaac Sitt and Elliot Tamir. The company was a pioneer in the value-add space, acquiring student housing properties and renovating them into showplace
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It was a rough year for everyone, but certain industries absorbed more of the brunt than others in 2020. This would include hospitality, airlines, restaurants and on-campus student housing. There was no clear map for navigating the COVID-19 pandemic, and
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