#1 GSE Student Housing Lender, Walker & Dunlop Releases Annual Housing Report
Fueled by a rise in university enrollment and changing student preferences, the student housing landscape has evolved into a sophisticated, amenity-rich environment, transcending its origins.
"The student housing industry has undergone a remarkable transformation in recent years. What was once a modest sector characterized by localized operations has now blossomed into a thriving marketplace, attracting national and international investors seeking superior yields," said
Reasons to have eyes on the market changes:
- Student housing rent growth is outperforming conventional multifamily assets in several prominent markets.
- Pre-leasing velocity continues to shift earlier as top markets become more competitive amidst growing university enrollment.
- Premier off-campus student housing has emerged as a competitive advantage for colleges in their new student recruiting programs.
- Advancements in student-athletic contracts have helped put smaller schools on the radar of national developers and investors.
"Despite facing headwinds such as doubled interest rates and broader macroeconomic challenges, W&D remains steadfast in our commitment to clients and students. While we acknowledge the current challenges, we see them as opportunities for resurgence," said
With a total financing volume exceeding
For insights on student housing and to explore key trends shaping the market, download Walker & Dunlop’s 2024 Student Housing Outlook report here.
About Walker & Dunlop
Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in
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Investors:
Investor Relations
Phone 301.202.3207
investorrelations@walkeranddunlop.com
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VP, Public Relations
Phone 301.564.3291
info@walkeranddunlop.com
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