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Sign in Sign up for a FREE subscriptionUndergraduate enrollment continues to decline; should student-housing developers be worried?
The United States is the world’s largest student-housing market, attracting the highest volume of investment capital each year. Annual student housing investment volume has more than tripled since 2014, reaching $11 billion last year, reported CBRE. And the prices for U.S. student housing investments have never been higher, reported Real Capital Analytics in June 2019.
In addition, firms such as Blackstone are entering the student housing sector. Blackstone recently spent $1.2 billion to acquire 20 student developments adjacent to schools including the University of California Riverside, Pennsylvania State University and Arizona State University. Also, British company Scape has plans to