Student housing fundamentals have never been stronger, which is why capital is flocking to the asset class, according to a new report from the JLL Capital Markets Student Housing team.
Sales volume for 2022 almost doubled that of 2021 and cross-border investment is growing while student housing set an all-time high in transaction volume last year with an annualized total of $18.9 billion, significantly surpassing the previous year-end high of $11.0 billion in 2018.
"Many investors consider student housing recession proof as every lease has a parental guarantee and enrollment has historically increased during times of economic recession," according to JLL's report.
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