Student Housing

The project will feature 191 units.

Even though student housing performance was weaker than previous highs, it remains strong.

On average, privately owned student housing runs around $1,000 per month per bed.

Also advertised rent growth for the schools Yardi tracks has continually moderated throughout the leasing season

Up to six towers to offer 6,000 beds, rents 20% below market rates.

It also remains above pre-pandemic trends.

RITHM, 7M SF project in Tampa, aims to be largest innovation district.

Problems with federal financial aid processing is likely the culprit.