Student Housing Business

JUL-AUG 2015

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

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IN THIS ISSUE JULY/AUGUST 2015 STUDENT HOUSING BUSINESS .COM 6 FOR SALE SOLD STUDENT HOUSING BUSINESS ® PLUS: COM PETI NG WITH CONVE NTIONAL M U LTI FAM I LY? D E S IG N ON (MOR E THAN) A D I M E CAM PUS E S S E E G ROWTH I N S PECIALI Z E D HOUS I NG WHAT'S THE RIGHT PLAY IN TODAY'S MARKET? BUY OR BUILD J U LY/AUG UST 2015 Some companies see now as a time to develop, while others believe now is the time to grow through acquisition. The good news is they are both right. COVER STORY 36 Development vs. Acquisitions Some companies see now as a time to develop, while others believe now is the time to grow through acquisition. Here are the thoughts of a few leading builders and buyers, as well as an investment sales broker, on why the timing is right for both. By Randall Shearin 30 Question of the Month: Amenities — What's Hot? What's Not? 32 Axiometrics Statistics: Top Student Housing Deliveries in 2015-2016 34 2015 Student Housing Industry Compensation Survey Specialty Consultants (SCI) recently conducted its annual Student Housing Industry Compensation Survey Report, in conjunction with Student Housing Business. By Craig Friday and Josh Logelin 42 Campuses See Growth in Specialized Housing Outside of traditional student housing, universities and developers are using creativity to offer housing options for students with special needs and circumstances. By Scott Reid 52 Competing with Conventional Multifamily? In college markets large and small, off-campus student housing projects often fnd themselves co-existing — and competing — with conventional multifamily assets. By Randall Shearin 58 Design on (More Than) a Dime In a competitive market, properties are willing to spend more on customized furniture design to attract students — and get higher rents. By Lindsey Walker Marcec 5 DEPARTMENTS & COLUMNS News in Brief 8 Campus Update 18 Market Profle: Norman, Okla. 66 Company Profle: Annex Student Living 70 Student Opinion 72 The SHB Interview Avi Lewittes 74 View from the Academe Ohio State University 80 Smarter Operations 84 What's On My Mind Matt Stein 86 Cover photos: (left) Murray State University, Campus Evolution Villages; (right) Storrs Center at University of Connecticut, EdR

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