Student Housing Business

MAY-JUN 2018

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

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CUSHMAN & WAKEFIELD WELCOMES... STUDENT HOUSING CAPITAL MARKETS MULTIFAMILY OFFICE MULTIFAMILY COVERAGE VICTORIA MARKS Senior Financial Analyst Direct: +1 813 424 3215 victoria.marks@cushwake.com TRAVIS PRINCE Executive Managing Director Direct: +1 813 204 5315 travis.prince@cushwake.com Student Housing Capital Markets multifamily.cushwake.com/ specialties/student housing S tudent Housing Capital Markets, in conjunction with the Multifamily Advisory Group, off ers both a global and national platform for specifi c market focus and regional support. Our combination of national coverage and targeted market dominance, as well as, global capital reach with a signifi cant track record for sourcing anomaly capital, allows us to exceed our clients' goals and objectives. $38B SALES VOLUME 345K UNITS SOLD 2,050 TRANSACTIONS IN THE U.S OVER THE LAST FIVE YEARS* The Connection at Athens University of Georgia Under Contract 100 Edgewood Georgia State University Under Contract Main 608 Austin Peay State University On Market University Park NC A&T State University On Market Old Row at Tuscaloosa University of Alabama Sold Solhaus & Solhaus Tower University of Minnesota Sold *National Multifamily Statistics May/June 2018 29 We see evi- dence that resi- dents are bring- ing more and more devices to our commu- nities. Over the past 3 years, the number of devices has increased over 200 percent with the average resi- dent registering up to eight devic- es. There is a direct correlation between the number of devices registered per student resident and how scalable and secure connected devices have become. However, we're not in the busi- ness of supplying these devices to the residents as the owner of the community. Our focus is pro- viding the most robust, reliable, and well-managed wired and wireless access to the Internet. That is the fuel of IoT. We are investing in connected devices (thermostats, cameras, sensors and controls) which embed with building systems to enable us to improve the resi- dents' and on-site employees' experience by making more centralized process-designed and data-driven decisions. Our investments in these systems typically generate a higher ROI than most other on-site invest- ments and strategically align us with our goal of owning commu- nities which provide better expe- riences for both our residents and staff. They also support our sustainability initiatives, pro- mote employee engagement, and open the door to create ancillary income initiatives in the future. Scott Casey, EdR STUDENT HOUSING BUSINESS ® Send your news items to Associate Editor Katie Sloan at ksloan@francemediainc.com For information on features, contact Editor Randall Shearin at randy@francemediainc.com For advertising information, contact Publisher Rich Kelley at rkelley@francemediainc.com

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