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Premier Student Housing commercial real estate news, analysis, trends and information for private and public college dormitories, and on- and off-campus university apartments.
Student housing is generally more resilient than multifamily in a downturn, and the current tight supply of student housing in Los Angeles is putting upward pressure on rents.
The two-phase Northside development now provides more than 1,500 University of Texas students with a modern, amenity-rich living experience at the northern edge of campus.
The equity investment volume of the transaction that Allianz Real Estate is executing on behalf of various Allianz insurance companies stands at around £350m, the company states.
Staggering rent growth and no impact on leasing velocity illustrate strong fundamental health for many of the top-performing universities and the student housing properties surrounding them.
“This is our second joint venture acquisition with TH Real Estate in the past two months, and we seek other opportunities to build on our relationship with them."