Source: CBC Research, CoStar data on 328 schools.
The main uncertainty in the student housing sector is COVID-19’s impact on the 2020-2021 school year’s leasing. There is a variety of factors which make the student housing occupancy outlook uncertain, such as: (1) when will students return to campus/will they return for online-only learning; (2) if or when will they sign new leases; and (3) will they require future “outs” or reimbursement provisions for similar future events.
Steady Near-Term; Future is Uncertain.
While college enrollment has increased 29%…
