Student Housing Business

MAY-JUN 2018

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

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42 May/June 2018 VIE W FROM THE ACADEME this as well. Mental health and wellness is a big deal. I think everybody is working through those issues, but we're really trying to take a wellness approach, and how do we balance all the areas of our life — physical well- ness, mental wellness — and try to have that whole person approach. We have seen a profound change in the past several years in the pressure that students put on themselves. We want them to understand that it's okay to take risks, it's okay to fail. We also want to be able to show them how you pick yourself up after you fail, here's how you reflect on what you learned. We're really trying to take an approach that's broader than general health or wellness. SHB: Your role has you working across a number of different departments. McCuskey: Student life has 13 different departments, so housing is one of 13. SHB: As you move forward with your growth plans, what are the next steps? Is adding more beds going to be a challenge in years to come? McCuskey: We're going to see where things land. There are a lot of pri- vate beds being developed in the community so we are mindful of that as well. You know how markets work; we will just see where things land and decide where to go for the future. SHB: How long have you been at Purdue? What is your background? McCuskey: I grew up in student housing, so I have been doing student housing or something related for almost 30 years; it will be 30 years in October. I went to West Virginia University and started my career there. After graduation I worked there for 11 years. I have four degrees in total from WVU. My bachelor's degree was Economics, then I did a master's degree in higher education, a master's in industrial and labor relations, and a doctorate in education. I went to work at the University of Wyoming for 11 years, and now I've been at Purdue for almost eight. The first half of that was in an auxiliary role; I oversaw housing, dining, our student union and our hall of music, which is our performance venue and video production. Four years ago, was promoted to this student life role which has the 13 departments. And that's everything from student health and counseling, student recreation, our dean of students, all of those student affairs departments. SHB: What do you love about your role? McCuskey: The students. I just love connecting with them. I just met with our newly elected student leadership right before our call, and I love to be able to help facilitate where they want to go, and to work with them as they're learning, figuring things out and growing. I get to attend all six of our commencement ceremonies this weekend, and get the opportunity to shake hands with those wonderful students that we've helped along the way. It's remarkable to see their transformation, and any little thing that we can do to contribute is just phenomenal. SHB: What are some of your day-to-day challenges at Purdue? McCuskey: Higher education overall, it is in a crisis point I think. We're poised beautifully at Purdue with our president's leadership and where we are going. But I worry, in the big picture, about how sustainable many universities are in the long run. You can't keep raising your tuition and fees and expect it to make sense. The money is drying up, and states have other demands on their resources. I also think the public is pushing back on higher education to some degree. Higher education, as an industry, really should be promoting its value, and why a residential education can be so important and life changing. SHB National Student Housing Group | Colliers International 4830 West Kennedy Blvd. Suite 300 | Tampa, Florida 33609 Over $675 Million The Past 12 Months Currently on Market, in Escrow, or Closed LION VILLAGE Colorado Springs, CO 141 Units | 506 Beds featured properties: LISTING NATIONAL STUDENT HOUSING GROUP DOROTHY JACKMAN Executive Managing Director Dorothy.Jackman@colliers.com +1 813 928 0020 SEAN BAIRD Director Sean.Baird@colliers.com +1 727 450 6158 JAMIE SWICK Senior Associate Jamie.Swick@colliers.com +1 813 605 5599 our award-winning team debt & equity finance group DON JENNEWEIN Executive Managing Director Donald.Jennewein@colliers.com +1 813 221 2290 MICHAEL STROBER Executive Managing Director Michael.Strober@colliers.com +1 813 559 7005 NATHAN LYNCH Executive Managing Director Nathan.Lynch@colliers.com +1 813 221 2290 THE SUMMIT AT CROSS CREEK Clemson University 250 Units | 658 Beds SOLD TALLAHASSEE PORTFOLIO Florida State University 357 Units | 1,085 Beds SOLD OLD ROW University of Alabama 40 Units | 200 Beds PREXY University of Washington 66 Units | 70 Beds SOLD SOLD

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