student housing

University Furnishings and Student Housing Business bring together several college students for a no-holds-barred discussion of their student housing experience. Participants discuss the good, the bad and the ugly — beginning with their experience searching for a new place to call home, and covering everything that happens until move out. This webinar offers the authentic perspectives of today’s college student and purpose-built student housing resident. For more information on the student housing industry, subscribe to the weekly Student Housing Business newsletter or the bi-monthly magazine.

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Fayetteville, Ark. — Strategic Student & Senior Housing Trust Inc., a REIT focusing on student housing and seniors housing acquisitions and sponsored by SmartStop Asset Management LLC, has purchased a student housing community near the University of Arkansas for $57 million. Known as The District, the 592-bed community is located at 376 W. Watson St. in Fayetteville, roughly a half-mile from the university’s campus. The 198-unit property includes one-, two-, three- and four-bedroom, fully furnished floor plans. Completed in 2016, the LEED Gold-certified community features a business center, study rooms, pool, …

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Fresno, Calif. — Asset Campus Housing has taken over management of Campus Edge, a 416-bed community near Fresno State University. The pet-friendly property features one- and two-bedroom floor plans with private patios and walk-in closets. Community amenities include hot tubs, a resort-style pool with sundeck and renovated clubhouse equipped with a game room and business center.

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Selecting the right construction lender for your student housing project is often as important as choosing the right contractor, leasing manager and rental rates for your property. Closing and construction delays that cause a missed opening date can drastically reduce returns and stigmatize a project that can take years to overcome.

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Now is an opportune time for developers and investors to consider investing in the Tier 2 student housing real estate market. As the Tier 1 market becomes crowded and overly competitive for both investors and developers, Tier 2 student housing markets are becoming more popular with students and giving investors greater yield and room to grow.

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