The student housing sector has been keeping a steady pace with a 94.5 percent preleasing rate and more than 41,430 beds under development. Major universities in Texas remain among the top institutions with the strongest fundamentals including rent growth and inventory. However, some investors are looking towards a new strategy: moving away from flagship universities and investing in smaller markets where supply demand is strong, and enrollment remains robust.
That’s the case with Palladius Capital Management, which focuses on value-add and core-plus assets in markets with high demographic trends and economic potential. In this episode of Student Housing Unlocked, the company’s CEO Nitin Chexal shares his insights on the key factors that drive the Texas student housing market, as well as his approach to making communities desirable.
Here’s what they discussed about: