BY THE NUMBERS
ANN ARBOR, MI—For the second consecutive fall, total enrollmentat the University of Michigan's flagship campus inAnn Arbor grew by more than a thousand, registering 1,284 morestudents than fall 2016, for a new university record of 46,002,according to a new study by Triad Real EstatePartners. The Chicago-based firm regularly conducts marketresearch reports on off campus student housing at universitiesacross the US. Average market occupancy in Ann Arbor increased froman already robust 98.79% to 99.04%. “Even with at least 1,241 bedsscheduled to come on line for the 2018-19 AY, the market shouldremain near-capacity,” Triad says. Average asking rents increasedacross most unit types, with two- and three-bedroom units reportingthe largest gains, increasing by 7.93% and 6.89% respectively.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
