The RealShare Student Housing Conference is produced by ALM'sReal Estate Media Group. Nearly 400 people attended the event atthe Four Seasons Resort and Club in suburban Dallas to hearindustry experts discuss student housing trends.
During today's keynote speech, Peter Katz, senior vice presidentof investments for Marcus & Millichap, emphasized the fact thatthe student housing sector is in much better shape than othercommercial real estate sectors. It is not recession resistant, hecontends, but rather recession resilient – meaning that it isimpacted by economic downturns, but bounces back more quickly.
"The economic downturn has taken a small toll, but occupancy andrents have remained stable," Katz notes. To that end, the sectorhas fewer assets that are distressed on the property level.
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