SHURE News
is your student housing ready for gen z?
From the Baby Boomers to Millennials, every generation brings its own behaviors and preferences to college campuses and higher education institutions have had to adapt to changing times. Housing officers are on the front line of this phenomenon and will find that...
Boost Rental Income WITH EV Charging Installations
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...
What Landlords AND STUDENTS Need to Know about Insurance: Catastrophic Events, Inflation, and the Global Reinsurance Shortfall
WHAT IS APOLLO INSURANCE? Apollo is a leading digital insurance provider. We’ve built an insurance company from the ground up. Over the last five years, we’ve raised roughly $50 million CAD to solve the problem of integrating technology with insurance. What we do is...
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
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....