IRVING, TX—It's a great time to be in student housing. Just as William C. Bayless Jr., president, CEO and co-founder of American Campus Communities, one of the most successful public companies in the space. The competition has certainly increased, Bayless told GlobeSt.TV, there's not too much concern of oversupply in most markets.

While student housing as a sector has matured a great deal in the past several years, it's still relatively new in the real estate community. “There are very few public companies and only a handful of truly qualified operating companies,” he said. “So as capital's coming into the sector, the real challenge is going to be finding good, qualified operators to partner up with.”

Here's what else Bayless, who is also one of Real Estate Forum's Student Housing Pioneers, had to say:

• There's great liquidity in the market, between Fannie Mae, Freddie Mac and other debt sources.
• Right now is a very good time in terms of the overall cost of capital to implement a business plan.
• The student debt problem is hyped up, at least for undergrads.
• What to expect from ACC in the near term.