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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College students using gyms and fitness centers tend to be in the age group with the reputation of being the most cavalier about adhering to recommended precautions that prevent the transmission of COVID-19. A gym is typically indoors. Respiration rates
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Furniture installation may be the last task to complete on a development project, but it’s certainly not last on student’s minds. In fact, furnishings can seal or break the deal for prospective renters and residents, on- and off-campus. It’s one
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As Generation Z continues its migration onto campuses nationwide, student housing developers are racing to fulfill this demographic’s changing set of desires and needs. The ongoing shift away from leisure-driven amenities towards designs focused on academic and personal success continues
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For student housing owners and operators, the challenge of efficiently managing package delivery is nothing new. The number of students utilizing e-commerce for their shopping needs has grown steadily over the last few years. But as with many facets of
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Construction has been one of the lucky few segments of the economy that has continued humming along during the pandemic. Student housing projects are still going on as planned, as construction has mostly fallen into the “essential” category of business
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