Patience Trumps All In Building Globally
IRVING, TX—There’s tremendous opportunity to develop purpose-built student housing in markets outside of the US, but one should probably have the patience of a saint to take on such an endeavor. At least, that’s the advice Henry A. Morton, president and CEO of Campus Suites, a student housing developer active in the US and Canada, would give to anyone looking to venture outside the nation’s borders.
Morton, who was also named a Student Housing Pioneer by Real Estate Forum, took a moment to chat with GlobeSt.TV at the recent RealShare Student Housing 2013 conference here. Here’s what else he discussed:
- Differences between developing student housing in the US versus foreign countries
- The problem of “student ghettos” in Canada
- The importance of educating communities and municipalities in overcoming the stigma attached to student housing
- The markets that show the biggest potential for future student housing development
Join us at the The Encore Las Vegas in Las Vegas, NV, where we will bring together the top student housing executives from across the country who will cover the hottest topics in financing, investment, brokerage, development and property management, our industry leaders will give the highest level views on the sector at RealShare STUDENT HOUSING on June 4.