Making Sense of Cents and Dollars

IRVING, TX-Running a student housing property can be expensive. In addition to dealing with typical wear and tear of units and furniture, student housing owners and managers are faced with expenses ranging from extra bandwidth, to rising insurance claims, to utilities, to payment delinquencies.

The good news for those attending the RealShare Student Housing conference on May 14 is that cost issues were addressed at the “Cost Control Dilemma” panel. Moderated by Fountain Residential Partners president Brent Little, panelists Jamie Swick (CEO and owner of Integrity Period) and Mark Wilkie (vice president of operations, the Collier Co.) offered a variety of tips and tricks to control – and reduce – costs.