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Class-A student housing is a necessity-driven asset class that offers the opportunity for asymmetric returns due to its recession-resistant characteristics, strong demographic growth rates and more, SmartStop's H. Michael Schwartz tells GlobeSt.com.
Demand is due to an increase in plastic pellet resin exports from the Port of Houston by some 20% as six new resin production plants open by 2020, in addition to population growth and retailer changes in distribution models.
SAN FRANCISCO—Pacific Heights boutique condos, 1450 Franklin, has sold more than 70% of its residences just weeks after its grand opening and move-ins are beginning in mid-June for 855 Brannan.
SANTA CLARA, CA—From local bikeways to RideMatch, a new project is located between the Lawrence and Santa Clara Caltrain stations and a half-block from the proposed VTA Bus Rapid Transit Bowers station, along with access to numerous freeways.