“Through mid-March, $1.2 billion in student housing investment sales have been recorded...the Q1 totals will most assuredly be higher than that," says Fred Pierce.
Expect big things for student housing in 2019!
Interest rates have fallen again, and investors are rushing to close more deals.
"48% of total industry supply was constructed before 2009, vintage properties primed "for an acquisition-rehab strategy," says Fred Pierce.
PEP was looking fresh at the #ballstate off-campus housing fair this week! Sara and Tyler at The Lodge on the Trail are a great example that strong leaders breed strong future leaders.
Forecasting continued college enrollment growth and $8-10B in sales for the 3rd year running, Student Housing is America's darling for investment niches in 2019 https://t.co/zBmXLYieJP
The holiday season brings new opportunities to share the spirit of generosity, kindness, and community. Now and all year long we'll be spreading PEP spirit with our friends, families, and residents. #pepspirit#makingspiritsbright
"Student Housing experts say a recession is coming as early as next year. But a downturn could prove once again that the student housing industry is recession-resilient." Read more https://t.co/JhjXw4n9aB
"It was amenities on steroids." Fred Pierce remarks about the state of student housing at #2018NMHCConference. PEP homes are definitely different than the #studentapartments we remember! Read more https://t.co/hSsLD3HQtv
This week in #meetthestaff we're introducing you to Judy Sheffler! She may seem quiet, but she's an accounting power house and works with our Executive Staff to handle corporate finances like a boss. Welcome Judy to the #PEPTeam!
Happy Labor Day!
A special thank you on this day to our amazing PEP teams all across the country. You inspire us, today and every day! #PEPFamily#LaborDay2018
IREI In Focus: Fred Pierce discusses current trends, investment activity, takeaways from the recent EdR transactions and the outlook for the student housing market.
https://t.co/bshayE54gb
International students are an increasingly important for US universities and a global economy. Concerns about more aggressive foreign policy positions may keep them away. https://t.co/VoL2JBSOWk
Our team @TheViewABQ is out today supporting our veterans in Albuquerque. Honor Flight is a non profit organization whose mission is to fly New Mexico's Veterans to DC's memorials. Thank you to our big-hearted team at The View for serving those who served us!
Our SVP Tana Higginbotham was repping for #PierceEducationProperties@InterFaceGroup Conference 2018 in Austin, TX. Leaders shared their insights on How to Safeguard & Grow NOI Through Pro-Active Expense Management. Great job, Tana! #PierceatInterFace
Happy Monday! As we prepare to welcome home another year of talented and motivated students, we take a look at grants and loans, and answer a few questions with @StudentLoanHero about grants vs. loans and planning your college fund strategy. Take a look! https://t.co/9jnGtvuesA