Investors Pour Billions Into Student Housing As Rent Growth Outpaces Apartment Market
Major real estate investors have been marching into student housing, drawn to the sector by its higher rent growth than traditional multifamily and its “recession-proof” assets, investors, brokers and researchers told Bisnow. Investors are especially drawn to student housing markets in the Sun Belt states that have seen the highest rent growth and enrollment increases.
Owner Files Plans To Convert Part Of Boston's Largest Hotel Into Northeastern Dorm Rooms
Hawkins Way Capital and Värde Partners filed a project notification form with the Boston Planning & Development Agency to permanently convert 250K SF of the 1.1M SF hotel. The owners plan to redevelop 428 rooms of the hotel's south tower into a dormitory that would accommodate 854 students, Banker & Tradesman first reported.
Message sent: Tarrant chief appraiser receives no confidence vote from Commissioners Court
Tarrant County commissioners unanimously requested Tarrant's chief appraiser Jeff Law be removed after a vote of no confidence following renewed calls for a new head of agency. Commissioners delivered a message to the Tarrant Appraisal District board of directors: implement change in the way the agency is managed. Taxpayers deserve transparency, outstanding customer service, stability and consistency when it comes to the appraisal district, County Judge Tim O'Hare said.