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
…
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
…
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
…
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
…
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.
…
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
…
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
…
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
…
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
…
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
…
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
…
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
…