Industry News Archives - College Rentals

Managers: July Rent Trends Spark Hope

July 3, 2018

Attention property managers: this year has seen a steady decline in month-to-month rent prices – until now. Millennials currently hold the top spot for largest rental group, with “Gen Z” bringing up the rear. This is huge for the college rental and student housing market, because it means these stats have the biggest impact…

Downtown Jacksonville Ready to Welcome Student Housing

December 7, 2015

College Rentals

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While many city councils are raising their hackles at student housing proposals, others are welcoming them with open arms. Jacksonville, Florida, the largest city by land mass in the United States, has officially opened its downtown area to student living. The Downtown Investment Authority board approved a $600,000 zero-interest historic preservation grant for the conversion of a…

GMH Builds Steam in Return to Student Housing

November 20, 2015

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One of the first companies to forge the student housing frontier is making steady strides toward a new horizon. GMH Capital Partners was the largest student housing owner in the nation before selling its entire portfolio to American Campus Communities in 2008 for $1.4 billion. Prior to exiting the market, GMH had more than 60,000 student beds in…

Weekly Roundup of Student Housing News

November 18, 2015

College Rentals

Here’s what’s happening in student housing… Fayetteville, Ark.—Greystar Awarded Management near University of Arkansas Greystar Student Living has been awarded management over Fountain Residential Partners’ Beechwood Village. The 670-bed housing community was designed by Modus Studio to be a modern, cottage-style community arranged around a central park. Beechwood Village sits within one mile of the University of Arkansas.…

Weekly Roundup of Student Housing News

November 11, 2015

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Here’s what’s happening in student housing… Tempe, Ariz.—ACC Breaks Ground on Engineering Live-Learn Facility at ASU American Campus Communities broke ground on Tuesday on the sixth of its student housing facilities at Arizona State University in Tempe. The $120 million project will function as a live-learn facility for students of the Ira A. Fulton Schools of Engineering.…

ACH Awarded Management over Two New Facilities

October 28, 2015

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San Luis Obispo, Calif. and San Marcos, Texas The nation’s largest third-party management company according to their website, Asset Campus Housing (ACH), has expanded its managed portfolio again this week with two new properties: Mustang Village of San Luis Obispo, and The Reserve at West Avenue of San Marcos, Texas. Both off-campus student housing complexes…

Weekly Roundup of Student Housing News

October 21, 2015

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Here’s what’s happening in student housing … San Marcos, Texas—New Luxury Development Planned for The Preiss Company, Stonemont Financial Stonemont Financial Group and The Preiss Company announced plans to develop and complete Ella Lofts, a 252-bed student housing community within walking distance to Texas State campus. It replaces former efforts by another developer to build 817…

Weekly Roundup of Student Housing News

October 14, 2015

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Roxbury, Maxx. – Parcel 3 Meets Resistance with Roxbury Development Parcel 3’s plans to build new student housing on a Lower Roxbury site was met with skepticism from neighborhood residents this week at a city council meeting. The project would house students of Northeastern University. Similar attempts have been shot down in recent years due…

Weekly Roundup of Student Housing News

October 7, 2015

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Here’s what’s happening in student housing… Medford, Mass.—Tufts Reaches Maximum Capacity for On-Campus Housing A steady increase in freshman class size and transfer students has led to a housing shortage at Tufts University. There are currently only 12 available beds out of 3,000 in on campus housing units, most of which are in double occupancy rooms. Athens,…

Weekly Roundup of Student Housing News

September 30, 2015

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Here’s what’s happening in student housing… Dayton, Fla.—New Addition to $17 million Initiative to Expand Student Housing at University of Daytona President Dan Curran of the University of Dayton announced the construction of additional new homes in College Park. The university topped its former all-time record enrollment of 7,918 with 8,300 undergraduate students this fall. Curran indicated other…

Weekly Roundup of Student Housing News

September 23, 2015

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Here’s what’s happening in college rentals… Providence, R.I. – City Passes Ordinance to Limit Student Occupancy in Single Family Homes Mayor Jorge Elorza approved an ordinance pushed by the City Council of Providence, R.I. to place a cap on the number of students permitted to occupy single family homes. The legislation was introduced by Councilwoman Jo-Ann Ryan…

Cardinal Group Increases Holdings in Student Housing

April 2, 2015

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Cardinal Group Management is expanding their college rental resume with three new developments. The largest acquisition for the Denver-based group was of the Lindell Strip in St. Louis, a housing community for students of St. Louis School of Medicine, St. Louis University School of Nursing, St. Louis College of Pharmacy and St. Louis University School…