A new pattern has emerged post-COVID: Students, faculty and staff are driving to campus more frequently, while public transit ridership has struggled to recover to pre-pandemic levels. This trend, while problematic for municipal tax revenues, bodes well for the...
With occupancy rates hovering close to 100% in many Canadian university submarkets, it is vital for universities and government executives to work more closely together on many challenges, including public transportation and new housing on campus. However, the type of...
Adjusting to post-COVID life on-campus is leaving many students feeling lonely and isolated, despite the best efforts of universities to infuse more social behavior, including activities in dining halls. The survey of more than 100 Simon Fraser University (SFU)...
CIBT Education Group’s Toby Chu is one of the most active developers in Canada, but says his student-related real estate is not marketed as purpose-built student housing, or the acronym PBSH. Chu addressed the misnomers of this growing asset class in Canada at...
Keilty Realty Corporation of Kingston, Ontario (Canada) has acquired 14 Scace Ave. in Brockville, Ontario. According to records, 14 Scace Ave is an 18 unit, 3-story asset built in 1960. The property includes parking for 25 vehicles. An employee-owned real estate...
Dr. Geoffrey Payne joined University of North British Columbia (UNBC) as president just 19 days before the start of the COVID-19 pandemic. “What a way to start life as a president.” With that opening remark, Payne joined Dr. Mike Porritt of The Scion Group Advisory...
Greystar is expanding in the UK, with the support of LaSalle Investment Management. IPE is reporting that LaSalle’s European debt division has provided the student housing developer with a fixed-rate £130m (€147m) green loan facility. The funds will be used to help...
Lesley University in Cambridge, Massachusetts has listed for sale a portfolio of academic-related buildings. According to Lesley University, the portfolio is valued at $38.2 million. The portfolio consists of five new buildings on Wendell Street in the Baldwin...
Canada’s popularity with international students has skyrocketed in recent years, and now it’s time for PBSA investors to enter the market. BONARD research examines data that shows why Canada is one of the most attractive countries to invest in. SHURE Initiative’s...