Student housing industry performance continues to accelerate, achieving record-breaking rent and preleasing levels through Q1, according to the latest report from Yardi Matrix.
Leasing for fall is at a comfortable level for investors, with 69.7% of beds at Yardi 200 universities preleased – a 7.8 percentage point increase compared to a year ago and the second straight year March preleasing rates hit an all-time high.
Rents per bedroom hit the highest ever for the cohort at $829 per bedroom – a 7% spike.
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