Student Housing

Peirce Education Properties says that doing a deal in the next 90 days is highly unlikely.

Student housing investor Fred Pierce remains bullish on student housing, and expects the market will return to pre-virus levels once the pandemic subsides.

Centennial Southeast Florida division president J.C. de Ona and senior commercial loan officer Jay Brito in Miami issued the loan for the student housing portion at VOX Miami.

"On the medical side, there is huge demand and that side of the equation is ramping up to battle this virus."

Critics say the law should redefine distressed areas and prevent investments in casinos, stadiums, luxury hotels, student housing, storage facilities and high-end housing from qualifying for the tax breaks.

Every single major investor, institutional family office from overseas, has hit the stop button, according to Ari Rosenblum, co-founder and CEO of Vie Management.

The coronavirus has brokers guessing as to how this will affect leasing in the short term, and Avison Young says leasing activity is likely to have a degree of decline in transaction volumes compared to pre-crisis expectations.

Not many operators appear to be interested in the idea though.