It’s fair to say that student housing, with record student enrollment and strong lending support, just hasn’t really been that much affected with distress. There’s just not that much downward movement; a recent CBRE survey of the top 15 student housing owners nationwide showed only a 1% variance in rental rates and occupancy between 2009 and 2010.
However, it’s also fair to say that while the sector can be considered at least recession resistant, as some experts say, it’s not idiot-proof.
For the full story, please click here.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.