Student Housing Business

SEP-OCT 2018

Student Housing Business is the voice of the student housing industry.

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FROM THE EDITOR September/October 2018 StudentHousingBusiness.com 4 Having just returned from the NMHC Student Housing con- ference I am heartened by what I saw and heard. It reinforced my positive feelings and perceptions about the health and vital- ity of the industry. (Kudos to our friends at NMHC for a terrific event.) Investment activity is robust, from all quarters of buyers (and sellers). Development is happening where and when it should (by and large) and the quality of the product being built has never been better. Owners/operators report successful lease- ups (and rent growth) for the 2018-2019 school year and P3 development activity on-campus continues to grow in size and scope. New entrants and capital continue to come into the space and while the business is never easy, there is a lot to be thankful for and upbeat about. This issue talks about what should be a very busy fourth quarter investment sales market, offers some great management tips and ideas, discusses the pros and cons Tier 2 & 3 markets, looks at whether IoT applications will take hold in student hous- ing, and offers an interesting and entertaining SHB Interview with David Adelman of Campus Apartments. Looking forward to 2019, make sure you save the dates of April 8-10 for the 11th annual InterFace Student Housing in Austin at the JW Marriott. We will be on a Monday-Wednesday schedule for next year's event (different from our past Wednesday-Friday pattern) and are excited to begin planning and put- ting the conference into motion. Look for registration to open in November at www.interfaceconferencegroup.com. Thank you for your support and keep reading Student Housing Business and www.studenthousingbusiness.com! Full Steam Ahead Richard Kelley Publisher Volume 9, Issue 6 September/October 2018 publisher Richard Kelley (914) 468-0818 rkelley@francemediainc.com media advisor Tim Tolton designers Jaime Lackey Katie Sloan Julie Hunt Nick Topolski editor Randall Shearin (404) 832-8262 randy@francemediainc.com associate editor Katie Sloan (404) 832-8262 ksloan@francemediainc.com contributing writers Lynn Peisner Amy Bigley Works published by France Media, Inc. Jerrold France Chairman and CEO Scott France President Michael F. Jacobs Chief Financial Officer Jaime Lackey VP, Marketing & Digital Strategy Randall Shearin SVP, Editorial & Operations www.FranceMediaInc.com STUDENT HOUSING BUSINESS ® www.StudentHousingBusiness.com Student Housing Business (ISSN 2153-2915) is published 7 times per year with 6 being bi-monthly and 1 in August by France Publications, Inc., d/b/a France Media, Inc. © 2018 France Publications, Inc. Editorial and advertising offices are located at Two Securities Centre, 3500 Piedmont Rd., Suite 415, Atlanta, GA 30305. Telephone (404) 832-8262. Facsimile (404) 832-8260. Editorial E-mail: ran- dy@francemediainc.com. Periodicals postage paid at Atlanta, GA and at additional mailing offices. POSTMASTER: Please send address changes to Student Housing Business, P.O. Box 47065, Plymouth, MN 55447-0065. Student Housing Business is a trademark of France Publications, Inc. Subscription rates: USA 1 year: $74; 2 years $120. Single copies are $15. The opinions and statements made by authors, contributors and advertisers to Student Housing Business are not necessarily those of the editors and publishers. ©2018 France Publications, Inc. To photocopy items from Student Housing Business in quantities of 100 or less, authorization must be obtained from and a fee paid to the Copyright Clearance Center, 222 Rosewood Dr., Danvers, MA 01923, telephone (978) 750-8400. For quantities of more than 100, please contact Barbara Sherer, manager of special advertising, at (404) 832-8262. For subscriber services, including change of address or cancellation, call or write to: STUDENT HOUSING BUSINESS, Customer Service Department, P.O. Box 47065, Plymouth, MN; 55447- 0065 tel: 1-800-869-6882. Email: shb@kmpsgroup.com

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