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Student housing could rebound quickly in the spring semester, if universities are able to reopen, that is. Student housing investor Fred Pierce is confident that will happen once the election ends, regardless of the outcome. As a result, he is preparing for a rebound in the spring and next fall, and he is continuing to be an active buyer.

“The spring will be interesting,” Pierce, principal and founder of Pierce Properties, tells GlobeSt.com. “During the pandemic, there has been a clear political delineation with states with Republican Governors pushing for more aggressive re-opening of businesses and schools, while states with Democratic Governors have done the opposite. In my opinion, this is heavily influenced by the Democrats belief that keeping the economy shut down will benefit Joe Biden’s election prospects, while Republicans believe a recovering economy will bolster the re-election of the President.”

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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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