Sep
22

Student Housing is the Flavor of the Season

By
– National Real Estate Investor

Day one of the National Multi Housing Council’s (NMHC) Student Housing Conference in Washington, D.C., saw a range of presenters on various topics speaking fairly optimistically about the industry’s current and future prospects.

It is a fact that the student housing sector has not been impacted too badly during the recession. As one of the panelists here pointed out, the grand ballroom at the conference venue (J.W. Marriott in D.C.) would not have been packed if it were an office, retail or industrial sector conference instead.

But all those comparisons aside, it is true that the sector has been sustained by agency financing. All along, Fannie Mae and Freddie Mac have been very interested in providing loans to student housing properties. In a session titled, ‘Getting the Deal Done: How to close a transaction in the current environment,’ all that the panelists could talk about was Fannie and Freddie.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE

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