LAS VEGAS—More levered buyers are coming back into the studenthousing market, according to Shawn Sweeney, SVP ofTSB Capital Advisors and moderator of the “CapitalSourcxes and Financing” panel at RealShare Student Housing. “We areseeing cap rates compress and are seeing a more liquid market.While some markets give us pause, we are still bullish on thestudent housing market as a whole.”
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Construction in this sector seems to be a better bet for somethan acquisitions. According to panelist JustinGronlie, VP of Harrison Street Real EstateCapital LLC, “For the past 12 months, we have done atremendous amount of development. It has been increasinglydifficult to find acquisitions where we aren't taking on anenormous about of risk. I would love to do more acquisitions, but Ijust don't see the deals to hang my hat on.” Going forward, Gronliesaid, “I think you will see more of the same…we will continue to doas much with our partners as we can.”
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
