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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.

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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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