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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Spring semester is now underway at some schools, but for many universities and colleges, the roadmap for returning to campus after winter break was less than crystal clear. A number of institutions have pushed back re-opening their campus to a
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As we approach the one-year anniversary of the start of the pandemic, it is undeniable that COVID-19 has had an impact on the way we go about our day-to-day lives. Across every sector of commercial real estate, we’ve had to
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Student Housing Business talked with Michael Baird, managing director of municipal finance at RBC Capital Markets, regarding the pandemic’s impact on funding for public-private partnership developments and potential long-term changes in the industry moving forward. SHB: How would you characterize
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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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