the Student-Housing Market
This specialized asset type takes effort to master
but can blossom into high commercial yields
The current economy has been rough on the
overall mortgage industry, but it may have been
the best thing to happen to the student-housing market in years. The Great Recession was the
first true test of the space’s resiliency.
Although student housing wasn’t completely
unscathed by the recession, the vast majority
of pain inflicted on the sector was because of
overbuilding in certain markets and overlever-aged borrowers. In other words, the market’s
fundamentals remain strong.
For commercial mortgage brokers helping finance student-housing deals, here are some key
facts to know, and some pitfalls to avoid, in this
highly specialized market.