#1 GSE Student Housing Lender, Walker & Dunlop Releases Annual Housing Report
BY Business Wire | AGENCY | 05/13/24 06:00 AM EDT BETHESDA, Md.--(BUSINESS WIRE)--
As the leader in student housing finance, Walker & Dunlop, Inc.
Fueled by a rise in university enrollment and changing student preferences, the student housing landscape has evolved into a sophisticated, amenity-rich environment, transcending its origins.
"The student housing industry has undergone a remarkable transformation in recent years. What was once a modest sector characterized by localized operations has now blossomed into a thriving marketplace, attracting national and international investors seeking superior yields," said Will Baker, senior managing director of Student Housing at Walker & Dunlop
Reasons to have eyes on the market changes:
- Student housing rent growth is outperforming conventional multifamily assets in several prominent markets.
- Pre-leasing velocity continues to shift earlier as top markets become more competitive amidst growing university enrollment.
- Premier off-campus student housing has emerged as a competitive advantage for colleges in their new student recruiting programs.
- Advancements in student-athletic contracts have helped put smaller schools on the radar of national developers and investors.
"Despite facing headwinds such as doubled interest rates and broader macroeconomic challenges, W&D remains steadfast in our commitment to clients and students. While we acknowledge the current challenges, we see them as opportunities for resurgence," said Christopher Epp, managing director, Walker & Dunlop Investment Sales. "Our experts forecast continued outperformance relative to other asset classes, thanks to the robust fundamentals that underpin the student housing sector."
With a total financing volume exceeding $12.7 billion and total property sales volume surpassing $10 billion in student housing, Walker & Dunlop
For insights on student housing and to explore key trends shaping the market, download Walker & Dunlop?s 2024 Student Housing Outlook report here.
About Walker & Dunlop
Walker & Dunlop
View source version on businesswire.com: https://www.businesswire.com/news/home/20240513042145/en/
Source: Walker & Dunlop, Inc.