Student Housing KPIs
Could anyone provide any key performance metrics that are unique to student housing or what the key ones to look for are? I typically work in multifamily, and this is my first student housing project.
Could anyone provide any key performance metrics that are unique to student housing or what the key ones to look for are? I typically work in multifamily, and this is my first student housing project.
Career Resources
Prior to my current gig I worked for a large owner/operator of student housing assets. Below are some of the the biggest differences between multi and student housing in my view:
This is very help. Just curious, what % do you guys typically use for the shadow market when assessing the market fundamentals?
We didn't really use an assumption upfront. We would try to get as close as possible using the information we had. Using the university enrollment minus school housing policy, then we'd use market occupancy data to try and back into it.
Every market is different obviously. Some schools are very heavy shadow market while others seem like every student lives in some sort of off-campus apartment.
If you have access, Axiometrics is the best source of data in the student housing space.
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