Student Housing Business

NOV-DEC 2017

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

Issue link: https://studenthousingbusiness.epubxp.com/i/913900

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INDUSTRY TRENDWATCH November/December 2017 StudentHousingBusiness.com 38 Current Quarter to Date Deals Pending Combined Total Last Quarter Volume ($) 533,610,310 33,579,764 567,190,074 1,192,021,822 # Props 16 4 20 46 Total units 3,192 727 3,919 6,744 Avg Price/units* 192,150 192,150 191,439 Avg Cap Rate* 6.2% CURRENT MARKET STATISTICS * Pricing and cap rate figures are calculated based on well-qualified deals that also include area statistics. MOST ACTIVE MARKETS 2014 Vol ($) # Props 2015 Vol ($) # Props 2016 Vol ($) # Props 2017(YTD) Vol ($) # Props NYC Metro 233,057,136 4 10,000,000 1 421,100,000 3 39,025,000 3 Austin 107,046,000 4 442,856,194 14 408,638,383 11 271,755,452 7 LA Metro 119,380,000 5 208,016,495 14 384,310,743 9 90,543,178 5 Atlanta 106,469,254 5 0 0 345,963,493 4 93,020,000 3 DC Metro 0 0 35,500,000 1 285,054,262 4 120,000,000 1 Raleigh/Durham 51,418,000 2 128,550,000 4 236,915,171 8 131,280,000 5 Orlando 84,842,476 2 117,800,000 2 224,212,115 3 84,520,900 2 Tallahassee 150,846,650 9 123,835,000 8 218,644,712 21 340,298,946 15 Baton Rouge 0 0 141,100,000 2 215,184,223 6 0 0 Phoenix 128,500,000 2 165,849,000 5 194,083,380 3 122,825,000 3 RELATIONSHIPS I COLLABORATION I RESULTS The CEI philosophy is simple - to gain the confidence of our clients with honesty and performance and with a partnership attitude, and this is the approach we take toward each new opportunity . O ver $2 B illiOn in n ew C OnstruCtiOn aCrOss the us and r anked t Op 5 n atiOnal s tudent h Ousing C OntraCtOrs ! CONSTRUCTION ENTERPRISES, INC. 2179 Edward Curd Lane, Suite 100, Franklin TN 37067 Phone: 615-332-8880 www.construcĂčonenterprises.com

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