Student housing sees record-shattering transaction volume at 2022 year-end

Student housing has set an all-time high in transaction volume for 2022 with an annualized total of $18.9 billion, significantly surpassing the previous year-end high of $11.5 billion in 2021, according to JLL.

“We are seeing significant interest from capital coming from the Middle East, Singapore and starting to hear rumblings around Latin America,” said Teddy Leatherman, a managing director who leads the Dallas student housing capital markets team.  “We are speaking with our global capital teammates on a weekly basis to ensure all foreign capital is getting access to our transactions. Our most successful executions have been global marketing processes.”

The JLL U.S. student housing capital markets team is closing out a record year as well, with a total of $1.8 billion in sales, equity raises and financings.

According to JLL Capital Markets, cross-border capital has in recent years played a much larger role in the success of the asset class. From 2012