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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Washington, D.C. — As colleges and universities prepare for fall semester, one of the major questions at hand is whether or not COVID-19 vaccinations will be required for students or employees. The Chronicle of Higher Education has identified 336 campuses
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Orlando, Fla. — Walt Disney World Resort has announced that it is relaunching its Disney College Program in June 2021. Participants in the program are expected to begin to occupy Flamingo Crossings Village in Orlando — a 10-phase, $615 million
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Austin, Texas — American Campus Communities (ACC) has reported financial results for the first quarter of 2021 and provided an update on the company’s environmental initiatives. First Quarter Operating Results ACC’s revenue for the first quarter of 2021 totaled $232.7
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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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Washington, D.C. — The National Multifamily Housing Council (NMHC) has published information on accessing rental assistance provided through COVID-19 aid packages. In December 2020, Congress passed the Consolidated Appropriations Act, which allocated $25 billion to the Treasury Department to create
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Winter storms spread across the U.S. in late February, bringing ice and snow to states not typically synonymous with below freezing temperatures. One such state was Texas, where brutal winter storms caused millions to lose power and pipes to burst
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Santa Rosa, Calif. — Santa Rosa Junior College has delayed the construction of its planned on-campus student housing project by one year due to the COVID-19 pandemic, according to local news reports. The 360-bed development was announced in 2019 and
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By: Kevin Larimer and Brandon Buell, Senior Managing Directors of Student Housing at Berkadia Throughout the COVID-19 pandemic, confidence fluctuated around the performance and resilience of student housing properties. Understandably, commercial real estate investors pressed pause at the beginning of
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Birmingham, Ala. — Capstone Development Partners has launched a new corporate program named Stepstone in support of improving access to higher education. An initial investment of $100,000 was seed-funded by principals of Capstone in December 2019 and has been annually
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