Wednesday, February 13, 2013

Boom In Student Housing Construction Stokes Concerns of Oversupply




National Commercial Real Estate News From CoStar Group





Boom In Student Housing Construction Stokes Concerns of Oversupply



A surge in new student housing projects announced in recent months, combined with lower-than-expected college enrollments, slowed preleasing and rising university tuition has raised a red flag over the compelling demographic case made for years by developers pursuing new student housing projects.

In two of the largest projects, Brandywine Realty Trust (NYSE: BDN), Campus Crest Communities, Inc. (NYSE: CCG), and Harrison Street Real Estate Capital...






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