Student Housing

The three funds include Heitman Value Partners V, Debt investment fund Heitman Debt Partners II and Global core plus fund Heitman Global Real Estate Partners II.

Nineteen percent say their parents are helping them pay rent this year after they didn't need help last year.

The joint venture also makes its first investment.

The uptick in preleasing is mirrored in investment activity in the sector.

Preleasing is down for off-campus higher ed housing but that is expected to improve over the summer.

While distance learning stunted student housing investment, the economic recession is restoring confidence in the asset class.

The firm has added four net-leased, mission-critical assets to its portfolio; bringing its year-to-date investment volume to $765 million.

The Nashville, TN-based firm announced the $81 million acquisition and renovation plans for the two apartment communities, situated near Colorado State University.