Student Housing professionals may have an interest in this article, written by Derek Lobo, that is published in Canadian Apartment Magazine that is targeted to private developers. Lobo is predominantly a consultant for real estate and property developers who has also provided advice to some schools on their student housing. He presented at a past OACUHO conference and I was impressed with his grasp of the student housing industry, especially since he has no experience working directly in higher education.
The article touches on several issues that student housing professionals will have to contend with as we move into the future, such as: financial factors to consider for new construction, choosing the best location, public-private partnerships and student & parental expectations to name a few.
It would appear that private developers will be playing an increasing role in student housing in the year's to come, especially when college & university budgets continue to tighten. Are dollars and cents the biggest factor affecting the future of student housing or do others see more influential factors?
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