As more investors have funded housing near universities, overbuilding has been a danger for some properties, Bloomberg reported. Investors are being more cautious as some backers have seen their bonds downgraded, the report said. Real estate fund managers raised $1.9 billion, through July, for student housing projects globally, the same amount as they raised in all of 2017. Portfolios are trading at high prices, too. As a part of Greystar Real Estate’s $3.2 billion purchase […]
source https://therealdeal.com/2018/08/15/how-long-will-the-student-housing-boom-last/
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