Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Fred Pierce Pierce: “There is a limited universe of students who can afford the most expensive housing. Thus, we believe there is an increased risk of over-building at the high end of the market.”

SAN DIEGO—There are more first-generation college students than any time in history, and many of those students come from families with more modest income, Pierce Education Properties’ CEO and president Fred Pierce tells GlobeSt.com. Pierce Education Properties has become the 14th-largest owner of student housing in the country, as well as the 19th-largerst property manager in the industry, ranking among the top-25 owners of student housing in all eight years that Student Housing Business Magazine has published its rankings. In part 1 of a two-part story, GlobeSt.com speaks with Pierce about how the student-housing sector is reacting to this shift. Stay tuned for part 2 of our interview with Pierce, coming up on GlobeSt.com.

This premium content is locked for
GlobeSt subscribers only.

Already have an account?
Interested in customizing your subscription with Law.com All Access?
Contact our Sales Professionals at 1-855-808-4530 or send an email to groupsales@alm.com to learn more.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

More from this author


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.