Ideal Target Market for Student Housing Projects?
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Because of the lack of new projects and secondary market locations, developers and investors can often find available land adjacent to campus, making for a seamless extension of campus, says Markwell.
Student housing investment and development have increased substantially in this latest real estate cycle. That is according to Zack Markwell, co-founder of Stonemont Financial Group.
Markwell tells GlobeSt.com that “There has been a ‘perfect storm’ of demand for purpose built housing for colleges to compete for top students, lack of available funds for particularly public universities to fund new projects and an increase in enrollment coming out of the last recession.”
With this uproar in student housing investing, what is the ideal project size to guarantee the investor more yield throughout the years? Markwell takes a closer look in the commentary below…
