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Multifamily6 min readJuly 25, 2023

Student Housing: Investment Opportunities

Analyzing the student housing sector and identifying markets with strong fundamentals.

Purpose-built student housing (PBSH) has matured into an institutional asset class with distinct characteristics and investment considerations compared to conventional multifamily.

Market Selection Criteria

  • University enrollment trends and stability
  • On-campus housing supply and quality
  • Barriers to new off-campus development
  • University reputation and endowment strength

Operational Considerations

Student housing requires specialized management with experience in annual turnover, lease-up timing, and the unique needs of student residents.

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