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Student housing sales volumes have already hit $1.2 billion for the year, meaning the market is on track to reach between $8 billion and $10 billion in student housing sales this year. Student housing investment sales have been steadily increasing since 2015, creating a new industry normal that is likely to keep pace through 2019.

“Through mid-March, RCA had reported $1.2 billion in student housing investment sales in 2019, but that is not yet a full quarter and there is always a lag in reporting commercial real estate sales, so the Q1 totals will most assuredly be higher than that,” Frederick W. Pierce, IV, president and CEO, at Pierce Education Properties, tells GlobeSt.com. “As the first quarter has historically represented 22% of annual volume, sales thus far support the continuation in 2019 of the “new industry norm” of $6 billion or more of annual student housing investment sales that has been eclipsed every year since 2015.  Depending on how many portfolio transactions occur, the investment sales volume could again reach the $8 billion to $10 billion range.”

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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.

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