#invest in student housing

[financialfreedomforever]

[dkaufmandevelopment]

Blackstone Surges to Record High: A Closer Look at Their Impressive Q3 Results

Blackstone, the world's largest commercial property owner, achieved a remarkable milestone on Thursday as its shares surged to a record high. This impressive performance comes on the heels of better-than-expected third-quarter results and an improved real estate investment performance. Let’s dive into the factors driving this success and what it means for the market.

Key Highlights from Q3

In the third quarter, Blackstone invested or committed a staggering $54 billion, marking the highest amount in over two years. This surge in investment activity is attributed to the Federal Reserve’s recent rate cut in September, which significantly reduced the cost of capital. The U.S. central bank’s previous rate hikes had stymied real estate deals and financing, leading to increased defaults in the office market affected by corporate cost-cutting and the rise of hybrid and remote work.

Stephen Schwarzman, Blackstone’s Chief Executive, emphasized the positive impact of the rate cut, stating, “Easing the cost of the capital will be very positive for Blackstone’s asset values. It will be a catalyst for transaction activity.” This sentiment was echoed by Jonathan Gray, President and Chief Operating Officer, who noted that while commercial real estate sentiment is improving, it remains cautious.

Strategic Investments and Areas of Focus

Blackstone has been proactive in planting the “seeds of future value” by substantially increasing its pace of investment. A key area of focus is the revolutionary advancements in artificial intelligence (AI) and the associated digital and energy infrastructure. In September, Blackstone announced the $16 billion purchase of AirTrunk, the largest data center operator in the Asia-Pacific region. This acquisition is part of Blackstone’s $70 billion investment in data centers, with over $100 billion in prospective pipeline development.

Other notable investment themes include renewable energy transition, private credit, and India’s emergence as a major economy. These strategic areas highlight Blackstone’s commitment to innovation and growth.

Recovery in Commercial Real Estate

The Blackstone Real Estate Income Trust (BREIT), a benchmark for the industry, reported a 93% slump in investor stock redemption requests from a peak. This indicates a recovery in investor confidence and a shift towards positive net inflows of capital. BREIT’s core-plus real estate investments, which include stable, income-generating, high-quality real estate, showed a 0.5% decline in Q3 performance, an improvement from a 3.8% drop over the past 12 months. The riskier opportunistic real estate investments posted a 1.1% increase, reversing previous declines.

Student Housing and Data Centers

Among rental housing, student housing has emerged as a significant focus. Wesley LePatner, set to become BREIT CEO on Jan. 1, highlighted the structural undersupply in the U.S. student housing market, emphasizing its potential as an all-weather asset class. BREIT has consistently met investor redemption requests for several months, showcasing strong performance.

Furthermore, the demand for data centers remains robust. QTS, which Blackstone took private in 2021, recorded more leasing activity last year than the preceding three years combined. Such sectors, once considered niche, are now integral to the commercial real estate landscape.

Financial Performance and Outlook

Blackstone’s third-quarter net income soared to approximately $1.56 billion, up from $920.7 million a year earlier. Distributable earnings, profit available to shareholders, rose to $1.28 billion from $1.21 billion. Total assets under management jumped 10% to about $1.11 trillion, driven by inflows to its credit and insurance segment.

The Path Forward

As Blackstone continues to navigate the evolving market landscape, it remains focused on identifying “interesting places to deploy capital.” With a robust investment strategy and a keen eye on emerging trends, Blackstone is well-positioned for future growth.

Join the Conversation: What are your thoughts on Blackstone’s impressive Q3 performance and strategic investments? How do you see these trends impacting the broader real estate market? Share your insights and engage with our community!

[outrealmbarracks]

Tea time with Professor Byleth, including his favorite talking topics? 🥰

[not-cool-enough-to-scuba-dive]

in the much-anticipated sequel to last year's "conservative party technically has a majority but cannot manage to choose a leader" fiasco in the u.k., 2023 now brings you the exact same thing, this time in the u.s. with the added twist that the entire house of representatives is shut down and incapable of doing any other business until this mess is resolved

everyone get your lettuce ready, let's see how long it takes to get a speaker

[borrowbe]

Earn Extra Income with Your Travel Ads on BorrowBe.com

Traveling is more than just a pastime; it’s an enriching adventure that expands our horizons and creates unforgettable memories. From the vibrant streets of New York City to the serene beaches of California and the stunning landscapes of the Rockies, every journey has its unique allure. But what if you could share these experiences while earning a little extra income? Enter BorrowBe.com.

The Joys of Traveling

Traveling offers countless benefits, both physically and mentally. It allows us to escape our daily routines, reduces stress, and boosts creativity. Exploring new cultures, meeting new people, and trying different cuisines can be incredibly rewarding. Each journey teaches us valuable lessons and helps us grow.

Renting Out Your Travel Essentials

If you have travel gear or accommodations, renting them out can be a fantastic way to generate additional income while assisting fellow travelers. Popular items like camping gear, bicycles, and kayaks are always in demand. Additionally, consider renting out your primary residence in Canada or vacation homes for a steady rental income opportunity.

Why Choose BorrowBe.com?

BorrowBe.com is a unique marketplace that connects owners with individuals seeking to rent various items and services. Here’s why you should post your travel-related ads on BorrowBe.com:

Wide Audience Reach: Attract a diverse crowd looking for rentals, increasing the chances of your ad being seen by potential customers.

User-Friendly Interface: The platform simplifies the ad-posting process, allowing you to create and manage your listings effortlessly.

Dedicated Categories: With specific sections for travel equipment and accommodations, your ads will reach the right audience, including those interested in commercial real estate in Canada for rent.

Community Support: By posting your ads, you contribute to a network of like-minded individuals, supporting local businesses and communities.

How to Post Your Travel Ads on BorrowBe.com

Register an Account: Sign up on BorrowBe.com using your email or social media accounts.

Create a Listing: Click the “Post Ad” button and provide details about your travel item or accommodation. Include high-quality images and thorough descriptions to attract interest.

Set Your Price: Determine a fair rental price. BorrowBe.com allows free listings or offers affordable promotional packages for increased visibility.

Publish Your Ad: Once satisfied with your listing, hit the publish button to go live and start attracting potential renters.

Conclusion

Traveling is a shared passion, and BorrowBe.com offers the perfect platform to connect with others. By posting your travel ads, you can earn extra income, support the travel community, and rent your residence in Canada, whether it’s your primary home or a vacation property. Explore home rental listings in Canada and find tenants for your rental property with ease.

Unlock the endless rental income opportunities in Canada today with www.borrowbe.com Start posting your ads and let your travel items and accommodations find new purpose! Happy travels! 🌍✈️🏖️

[efratmeiri]

Build Your Dream Home in Valencia County Desert

Hi bud. If you feel there is more to life than what you are experiencing now,  If you believe you deserve better,  I want to share something with you from the bottom of my heart.

Have you ever felt like the city is closing in on you?

I hear you!

I'm tired of city life.  Honestly, I envy those who live in the suburbs. I envy those who have a plot of land to escape to for vacations.

Everyone needs their own escape hatch.  A place where you can disconnect, recharge, and just breathe.

[meraqiadvisors]

Explore lucrative opportunities with student housing investments. Our properties are strategically located near major universities and offer high occupancy rates, ensuring stable rental income. Benefit from the growing demand for quality student accommodation and capitalize on the potential for significant returns. Our team provides comprehensive support, from property selection to management, ensuring a seamless investment experience. Invest in student housing today and secure a reliable and profitable addition to your portfolio. Contact us to learn more about available properties and start maximizing your returns.

[danielkaufmanrealestate]

🏢 Student Housing Trends: A Closer Look at Fall 2024 Pre-Leasing 📚

As the academic year approaches, student housing markets are buzzing with activity. Let’s dive into the latest insights: Pre-Leasing Momentum: Despite a slight dip in pre-leasing rates (84.5% vs. 85.8% last year), June witnessed a surprising 6% growth in pre-leasing momentum. Students are securing their spots earlier than ever! 🎓 Location Matters: Properties over a mile from campus boast the…

[darkoakquarks]

Ok not sure where OP is from but this doesn't necessarily apply in Australia. For housing to be classified as 'affordable', it is normally 70% of the average market rent of the area, and only available to those who can demonstrate financial need. There are definitely problems with this system, but they physically cannot be bought/rented by people who can afford a house on the private market. We also have 'social' housing, which is cheaper still, but the metric they use to determine price varies. Like I said, there are still a lot of problems (the waitlist is way too large, it's almost impossible for people without jobs/bank accounts/emails to apply) but these housing types cannot be bought by investors.

OP is absolutely right about the 'we don't have enough supply for the demand' argument being only a tiny fraction of the problem at best and completely false at worst.

ok realizing this needs to be said because not everyone knows:

building affordable housing is a red herring. a scam. a multilevel marketing scheme.

there is far more housing than there are people. you would think housing is expensive because the supply is too low and the demand too high. we’re taught to believe in the ‘law of supply and demand’ but that’s invariably a gross simplification.

real estate is always a great investment because land is a fundamentally finite resource, and fundamentally necessary for life. most investments tend to fluctuate, to increase and decline in value, but real estate almost always increases, and often at far higher rates than ‘the market’ at large offers.

so what does this mean? it means that there are many times more vacant homes than there are homeless people. it means buying a home and renting it for more than the mortgage while the equity only grows is an incredible investment. heck buying a home and not renting it is still a great investment. SO no matter how many homes you build, ‘affordable’ or not, they will be bought up and hoarded by the rich and housing will remain unaffordable for everyone else.

[awkward-teabag]

So tired of everything being derailed by racists.

Want to talk about jobs? Blame immigrants.

Want to talk about the state of housing? Blame immigrants.

Want to talk about post-secondary education? Blame immigrants.

Want to talk about healthcare? Blame immigrants.

Want to talk about the state of the economy in general? Blame immigrants.

And it's never about the systems in place that lead to immigration or the how companies exploit young workers from elsewhere in the world (by taking advantage of their inexperience, their lack of support network, taking their money, and so on), it's all about how those dastardly non-whites are trying to screw honest Canadians out of everything by taking advantage of us, and they're personally going after you.

You can be talking about something and even be open to talking about the complex issue that is immigration but it immediately gets taken over by THEY TOOK OUR JERBS! assholes.

It's at the point where as soon as immigrants/immigration comes up, I peace out unless I know the person and can expect them to have a point beyond bigotry and fascism.

Because it's never about our systems, decade(s) of neglect, neoliberalism or conservatism, or anything like that, it's about how selfish, rich, and anti-white brown kids are and things would be perfectly fine if not for them.

[batboyblog]

Things the Biden-Harris Administration Did This Week #39

October 18-25 2024.

President Biden issued the first presidential apology on behalf of the federal government to America's Native American population for the Indian boarding school policy. For 150 years the federal government operated a system of schools which aimed to destroy Native culture through the forced assimilation of native children. At these schools students faced physical, emotional, and sexual abuse, and close to 1,000 died. The Biden-Harris Administration has been historic for Native and Tribal rights. From the appointment of the first ever Native American cabinet member, Secretary of the Interior Deb Haaland, to the investment of $46 billion dollars on tribal land, to 200 new co-stewardship agreements. The last 4 years have seen a historic investment in and expansion of tribal rights.

The Biden-Harris Administration proposed a new rule which would make contraceptive medication (the pill) free over the counter with most Insurance. The new rule would ban cost sharing for contraception products, including the pill, condoms, and emergency contraception. On top of over the counter medications, the new rule will also strength protections for prescribed contraception without cost sharing as well.

The EPA announced its finalized rule strengthening standards for lead paint dust in pre-1978 housing and child care facilities. There is no safe level of exposure to lead particularly for children who can suffer long term developmental consequences from lead exposure. The new standards set the lowest level of lead particle that can be identified by a lab as the standard for lead abatement. It's estimated 31 million homes built before the ban on lead paint in 1978 have lead paint and 3.8 million of those have one or more children under the age of 6. The new rule will mean 1.2 million fewer people, including over 300,000 children will not be exposed to lead particles every year. This comes after the Biden-Harris Administration announced its goal to remove and replace all lead pipes in America by the end of the decade.

The Department of Transportation announced a $50 million dollar fine against American Airlines for its treatment of disabled passengers and their wheelchairs. The fine stems from a number of incidences of humiliating and unfair treatment of passages between 2019 and 2023, as well as video documented evidence of mishandling wheelchairs and damaging them. Half the fine will go to replacing such damaged wheelchairs. The Biden administration has leveled a historic number of fines against the airlines ($225 million) for their failures. It also published a Airline Passengers with Disabilities Bill of Rights, passed a new rule accessible lavatories on aircraft, and is working on a rule to require airlines to replace lost or damaged wheelchairs with equal equipment at once.

The Department of Energy announced $430 million dollars to help boost domestic clean energy manufacturing in former coal communities. This invests in projects in 15 different communities, in places like Texas, West Virginia, Pennsylvania, Tennessee, Kentucky, and Michigan. The plan will bring about 1,900 new jobs in communities struggling with the loss of coal. Projects include making insulation out of recycled cardboard, low carbon cement production, and industrial fiber hemp processing.

The Department of Transportation announced $4.2 billion in new infrastructure investment. The money will go to 44 projects across the country. For example the MBTA will get $400 million to replace the 92 year old Draw 1 bridge and renovate North Station.

The Department of Transportation announced nearly $200 million to replace aging natural gas pipes. Leaking gas lines represent a serious public health risk and also cost costumers. Planned replacements in Georgia and North Carolina for example will save the average costumer there over $900 on their gas bill a year. Replacing leaking lines will also remove 1,000 metric tons of methane pollution, annually.

The Department of the Interior announced $244 million to address legacy pollution in Pennsylvania coal country. This comes on top of $400 million invested earlier this year. This investment will help close dangerous mine shafts, reclaim unstable slopes, improve water quality by treating acid mine drainage, and restore water supplies damaged by mining.

Data shows that President Biden's Inflation Reduction Act (passed with Vice-President Harris' tie breaking vote) has saved seniors $1 billion dollars on out-of-pocket drug costs. Seniors with certain high priced drugs saw their yearly out of pocket costs capped at $3,500 for 2024. In 2024 all seniors using Medicare Part D will see their out of pocket costs capped at $2,000 for the year. It's estimated if the $2,000 cap had been in effect this year 4.6 million seniors would have hit it by June and not have had to pay any more for medication for the rest of the year.

The Department of Education announced a new proposed rule to bring student debt relief for 8 million struggling borrowers. The Biden-Harris Administration has managed despite road blocks from Republicans in Congress, the courts and law suits from Republican states to bring student loan forgiveness to 5 million Americans so far through different programs. This latest rule would take into account many financial hardships faced by people to determine if they qualify to have their student loans forgiven. The final rule cannot be finalized before 2025 meaning its fate will be decided at the election.

The Department of Agriculture announced $1.5 billion in 92 partner-driven conservation projects. These projects aim at making farming more susceptible and environmental friendly, 16 projects are about water conservation in the West, 6 support use of innovative technologies to reduce enteric methane emissions in livestock. $100 million has been earmarked for Tribal-led projects.

[financialfreedomforever]

[dkaufmandevelopment]

Top Performing Student Housing Campuses Since the Pandemic

The student housing performance cycle, which began in 2020, has witnessed significant variations, from the highest of highs to the lowest of lows. As real estate developers and investors, understanding these trends is crucial for making informed decisions. Let's explore the top-performing student housing campuses since the pandemic and what this means for the market.

Consistent Outperformance in Key States

Since Fall 2020, several universities have consistently outperformed the national average for purpose-built student housing pre-leasing and rent growth. These high-performing schools are generally located in states with fast-growing populations and often include state flagship universities with large enrollments.

From Fall 2020 to Fall 2024, the following 14 schools have stood out by maintaining or nearly reaching 100% leased status as of August each year. These schools have also experienced higher rent growth rates compared to the national average among the core 175 universities tracked by RealPage:

- Norman, OK (University of Oklahoma)

- Chapel Hill, NC (University of North Carolina at Chapel Hill)

- West Lafayette, IN (Purdue University)

- Blacksburg, VA (Virginia Tech)

These quintessential college towns typically have limited shadow market supply, enhancing demand for purpose-built student housing.

Key Trends and Insights

1. Pre-Leasing Performance: These top-performing schools have consistently achieved high pre-leasing rates, usually approaching or reaching 100% leased status by August.

2. Rent Growth: Over the past five years, these universities have seen rent growth rates that surpass the national average, driven by robust demand and limited supply.

3. Enrollment Growth: Despite some national softness in enrollment, these schools boast large and growing student populations, further strengthening the student housing market.

Strategic Locations

The success of these campuses can be attributed to their strategic locations in states with fast-growing populations. For instance, Norman, OK, Chapel Hill, NC, West Lafayette, IN, and Blacksburg, VA are all located in areas that offer a balance of affordability, economic growth, and quality education.

Market Opportunities

For real estate developers and investors, these trends highlight the importance of targeting markets with strong student housing performance. Investing in purpose-built student housing in these high-demand areas can provide stable returns and growth opportunities.

The student housing market has shown resilience and growth in specific locations since the pandemic. By focusing on states with expanding populations and flagship universities, developers and investors can capitalize on the consistent demand and favorable market conditions.

Join the Conversation: What are your thoughts on the top-performing student housing campuses since the pandemic? How do you plan to navigate these trends in your investments? Share your insights and engage with our community!

#RealEstateTrends #StudentHousing #InvestmentOpportunities #MarketDynamics

What are your views on the trends in student housing performance? Let’s discuss below! 💬��

[zunikh]

Discover the dynamics of the UK's Purpose-Built Student Accommodation (PBSA) market. Understand the growing demand, supply challenges, and investment opportunities in student housing, with insights from Savills and Knight Frank reports. Learn how Zunikh leverages expertise in this sector for sustainable growth.

[bluebelly-sun-serpentine]

Tim Walz and his wife don’t own a single stock. Their only investment is in their state pensions. He supports safer gun legislation. He supports meaningful housing reform (namely policies that make building housing - the only thing that will solve this crisis - easier). He supported queer youth in an era where support was even more difficult to come by than it is now, and he still does. He has a pittbull lab mix named Scout. He regularly asks his daughter what’s important to her and what her peers are saying on Tik Tok. He supports abortion access. He was a geographer and a teacher and only entered politics because he got so mad that one of his class field trips to a political rally was cut short by a republican staffer who denied them entry because of a student’s John Kerry pin.

He was also developed in a lab specifically for the purpose of appealing to as many white Americans as possible. He grew up on a farm in Nebraska in a community of ~400 people. He joined the Army National Guard at 17. He coached football, taking a losing team to the state championships. He hunts. He goes to the state fair every year. He uses diet mountain dew as a sobriety aid.

This was a smart pick from Harris. It’s clear from their interactions at the rally that he’s there to support her rather than hog the spotlight, as I worried Shapiro would have done. They’re able to put forward this “happy warrior” campaign together because they have good chemistry and are young enough not to be falling asleep on the job. They’re both corny as hell. They might pull this off.

No ticket is ever going to be perfect. I have always been left of the ticket and I suspect I may always be, but this is a real step in the right direction, and there’s so much more energy in this campaign. I’m feeling so much more hopeful than I was a couple months ago.

Make sure you’re registered to vote (voting rolls have been purged in places all over the country. I myself had to re-register recently, and will be checking regularly). Make sure you know what’s happening downballot in your district, because those races and initiatives are vitally important, too. Support local politicians doing excellent work.

For instance, these may be the people responsible for making new bike lanes, transit options, and housing developments possible. Where I live one of these (young, awesome) politicians was recently run out of office by insane nimby whiners sending death threats to his family. I wonder if he’d been able to stick it out if more people were paying attention and vocally supporting him. National-stage MAGA politicians are not the only people fighting to make our lives harder, so it’s worth figuring out who’s fighting against the wine-and-property class hoarding all the quality of life in your town. Find out who’s fighting to shut down your library and who’s telling that person “over my dead body.” Then go to the polls armed with that knowledge.

[toprealestatebuzz]

Blackstone's Strategic Capitalization on the Rising Student Housing Market

Blackstone, a global investment firm, is capitalizing on the global student housing market by buying up properties around the world. This is due to a number of factors, including the rising demand for student housing, limited supply, and rising rents.

Blackstone's investment in student housing is controversial, with some people worried that it will lead to higher rents and make student housing less affordable. However, Blackstone argues that its investment will help to increase the supply of student housing and make it more affordable in the long run.

For more information about how Blackstone’s investments in student housing will impact students in the long term, visit the link.