SHURE Content
All Ideas on Table to Solve Canada’s Housing Crisis for Students, including Building Mixed-Use and Seniors Housing on Campus
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...
Most students are Lonely on-Campus Post-Pandemic, according to SHURE Initiative Survey and Research
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)...
What’s the Best Terminology to Support Buying & Selling of Student-Related Assets?
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...
Canadian-based Keilty Realty Corporation announces new Multifamily acquisition
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...
Having Ears Wide Open to Canada’s Indigenous Students
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 EXPANDS IN UK, SUPPORTED BY LASALLE FIXED-RATE ‘GREEN LOAN’
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...
Canada’s Housing Crisis Spawns Rental Scams; Operators Must Embrace Property Technology or Lose Tenants
Today's Rental Market Problems: High Inflation, High Cost of Living I'm sure we've all seen the headlines. Vancouver dubbed priciest Canadian city to rent in. It costs over $43,000 a year to rent a two-bedroom apartment in Vancouver. How Canadian rental prices have...
A Summary of Global Student Housing & University Real Estate Transactions: Week of May 8, 2023
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...
Improving Student Outcomes in Canada Through Partnerships to Deliver Affordable Housing
It is a common understanding currently in Canada that within the large housing crisis lies a student housing crisis. The affordability and availability challenges that were once concentrated in Toronto and Vancouver now hit most college towns in the country....
I Love Student Housing in Canada, but the Game Has Changed and Only the Best Will Survive
I absolutely love student housing. I think it will be the best performing real estate class in Canada over the next decade. My goal here is to simply make you aware of some of the realities that are going on in the market and hopefully help you navigate some of the...
Food Matters: Shaping Student Minds through Sustainable Agriculture
Food matters. I want to reinforce the idea that food matters. The food that you as housing operators provide on campus and the way that our students live their lives in the residences is forming the way that they think for the future. I say this as a grandmother and a...
Episode #2: The Global Factors at Play in Student Accommodation
Presented by James Hunt of Global Student Accommodation Mr. James Hunt, Global Head of Real Estate, Global Student Accommodation leads the global real estate team and is responsible for the expansion of its real estate portfolio through the acquisition of development...