Demand for student housing beds has exceeded enrollment growth for over a decade at large public universities (Figure 1). At the same time, projections for new supply are lower than in recent years.

According to university data, while some schools are facing declining enrollment—even closure—others are continuing to grow.

Enrollment is expanding at schools in high demand, such as those with Division I athletics and well-regarded research programs, while smaller, lesser-known institutions are suffering from weaker enrollment.

To meet demand, public universities across the country are increasingly turning to the private sector to build and finance new on-campus dormitories.

Against this backdrop of growing demand and tight supply, a confluence of additional factors should support the attractiveness of the student housing sector for investors.

Learn more about these factors and why we believe student housing has a long runway for growth.