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LAS VEGAS—Student housing remains a regional business forcompanies with a national footprint. In the “Opportunities inDevelopment” panel at RealShare Student Housing, moderatorSeth Mims, president of Specialized RealEstate Group, asked developer panelists about trends indevelopment across the country, whether we're at risk ofoverdeveloping and, if so, where.
One of the key topics of the day was the rising constructioncosts and how developers are getting yields back up to where theyused to be. “Overall, it is a challenge. The optimistic viewpointis that it's an example of the market working itself out,” notedBrian Dinerstein, president of theDinerstein Cos. “There is a lot of demand. Pricesare going to rise and this might curb some new construction.”
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