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College Housing Continues To Outshine Other CRE Sectors In 2023

One of the biggest surprises in commercial real estate in the past three years has been the resiliency of student housing. Most pandemic crystal ball users expected with colleges going to remote learning and students hunkering down at home that the sector would hit the skids. It didn’t happen for long. By the second half of 2021, vacancy rates started dropping and rent began to rise. Student rent rose nearly 5% in 2022, and with students eyeing another school season this fall, rent continues to ....

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