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Dorms To Dollars: Why Student Housing Is A Game-Changer
Thursday, October 5, 2023 - 12:05pm | 817Over the past few years, real estate has been one of the most resilient sectors amid COVID-19-induced headwinds. Despite the rising interest rates, housing demand has remained irrepressible, causing mortgage rates to cross the 7% mark and hover near 23-year highs. Blackstone: Commercial Real...
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Robust Demand And Record Rent Growth: Student Housing Market Flourishes Despite Uncertain Economy
Tuesday, August 15, 2023 - 4:00pm | 570Students are locking in their living arrangements as they prepare to return to college campuses this fall. As of June, 86.6% of beds at dedicated off-campus student housing facilities were preleased — a 5.2% increase from May and a 0.4% increase from the same period a year ago, according to...
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College Tuition May Be Jumping, But Student Housing Continues To Be A Good Bet For Investors
Tuesday, December 13, 2022 - 11:24am | 547U.S. college enrollment may have dropped by 3.1 million students, but that hasn’t stopped student housing investors from enjoying the fruits of a record-breaking performance in 2022. Rising tuition rates that increased revenue by $6.9 billion year over year may be one of the culprits of...
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American Campus Communities Is Set To Gain Market Share, BofA Says In Upgrade
Thursday, June 14, 2018 - 12:26pm | 355American Campus Communities, Inc. (NYSE: ACC) is poised to gain market share within the "defensive" REIT space, according to Bank of America Merrill Lynch. The Analyst Analyst Juan Sanabria upgraded American Campus Communities from Neutral to Buy with a price target lifted...
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Real Estate Investors: Here's Why Canaccord Analysts Prefer Growth Over Size
Monday, July 27, 2015 - 11:51am | 940In a rising rate environment, one rule-of-thumb is that equity REIT business models which can grow accretively will tend to outperform less dynamic peers. On July 22, Canaccord Genuity analyst Ryan Meliker published a comprehensive 83 page report initiating coverage on the residential REIT...
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Citi Research: Student Housing Trends & Top REIT Pick
Wednesday, April 15, 2015 - 12:07pm | 804On April 14, Citi Research published a note, "Taking Extra Credits In Austin," after attending a the 2015 Interface Student Housing Conference, touring student housing in Austin, TX and meeting with senior management from American Campus Communities, Inc. (NYSE: ACC). Although on the...
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Student Housing REITs Announce Leasing Results: Business As Usual or Risky Business?
Thursday, October 9, 2014 - 9:20am | 1040Three REITs specialize in student housing, either on campus, or in close proximity to institutions of higher learning: American Campus Communities, Inc. (NYSE: ACC), Education Realty Trust, Inc. (NYSE: EDR) and Campus Crest Communities Inc (NYSE: CCG). Although this asset class is similar to...