The Acres Group

With the growing niche market of individually leased beds, student housing, also known as off campus housing,  is one of The Acres Group’s areas of expertise. Demand for student housing projects has grown at an exponential rate over the past several years due to the more demanding and     informed consumers of the Echo Boomer generation that continues to feed university markets across the nation. By 2012, more than 52 million people, or 17% of the US population are expected to be at the college age range.

The current state of the economy, state budget cuts to public universities, and decreased income from sources such as alumni donations have created a scenario in which colleges are focusing less on development of on-campus housing and more on core facilities. The continued increase in college enrollment, and decrease in on-campus student housing facilities has created a unique opportunity for developers to meet the demand for student housing across the nation.

Today’s student has come to expect a different product than typical off campus apartments that were the norm in the past. Common student housing properties include one bathroom per bedroom floor plans, upscale amenities such as pools, workout facilities, and computer labs. Rent rates are charged per bed and are typically all-inclusive packages which cover cable, high speed internet, and all utilities.

The Acres Group specializes in student housing sales and buyer representation across the United States. We work directly with some of the largest names in the student housing industry. If you would like to discuss purchasing, selling or developing a student housing project, please don’t hesitate to contact us.

i

i

i

i