Thank you for sharing!

Your article was successfully shared with the contacts you provided.

An increasing number of industry experts are anticipating a recession in the short-run, the next 12 to 18 months. As a result, capital is increasingly looking for more recession-resistant asset classes, like student housing. Last year had the highest volume of student housing deals in the history of the industry at $10.8 billion. This year, investors have increased their asset allocation for student housing.

“Student Housing is widely known as a recession-resistant asset class,” Frederick W. Pierce, IV, president and CEO of Pierce Education Properties, tells GlobeSt.com. “As the prevailing wisdom believes that the U.S. is either already in a recession or will be by the end of 2019, savvy investors are preparing for this likelihood by altering their asset allocation within real estate to direct a greater portion of their investment portfolio to the niche sectors of real estate that are not highly correlated to the economy.  That means more investment in student and senior housing, medical office, health care real estate, self-storage.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

More from this author


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.