Student Housing

Campus Apartments sees now as a time to strike to achieve strong risk-adjusted returns in the student housing space.

Despite repricing taking place in the sector, overall fundamentals remain strong with leasing for the 2022-23 academic year at healthy levels.

Multifamily and industrial continue to be in demand among commercial real estate investors, in spite of the new challenges. But the investment environment is changing and with it the calculus for which assets to invest in.

The price for the portfolio, with seven properties and 4,500 beds, is $725 million. Harrison Street is the buyer.

Nitin Chexal launched Palladius Capital Management in early 2021. Today, the firm has already deployed 85 percent of its first fund.

The JV’s initial student housing portfolio includes 15,000 beds in 29 cities, two-thirds of them near Power Five schools.

Off-campus student housing has fully rebounded from the hit it took during the pandemic as students have fully returned to campus.