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 needs specialized management that knows annual turnover, lease-up timing and what student residents actually need.