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Student housing leasing activity is on track for another strong year, keeping pace with fall 2018 activity. According to Axiometrics, student housing was 65% pre-leased as of April, while some companies are outperforming compared to last year. Pierce Education Properties, for example, has seen pre-leasing activity increase 9.3% compared to last year. Overall, student housing owners are expecting similar activity.

“The most notable change in pre-leasing year over year was the fact that most companies started the pre-leasing process earlier—many as early as September—this year than in year’s past,” Fred Pierce, founder, president and CEO of Pierce Education Properties, tells GlobeSt.com.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

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