Universities are grappling with old housing stock or how enrollment has outpaced the number of beds on campus.

But "creative solutions like public-private partnerships (or P3) can be a mechanism to source capital and deliver new housing more efficiently than traditional university construction approaches," according to Lindsay Stowell, Executive Vice President, Higher Education, JLL, in prepared remarks.

Public and non-profit institutions make up over 85% of degree-granting institutions in the US, according to JLL.

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