GROWING DEMOGRAPHICS
College enrollment numbers projected to see unprecedented growth
Total undergraduate enrollment is projected to increase by 9 percent
(from 15.4 million to 16.8 million students) between 2021 and 2031.*

* Projections were calculated after the onset of the coronavirus pandemic and take into account expected economic and demographic impacts of the pandemic.
INFLATION VS. HOME SALES
Recently built, stabilized properties can offer real investment advantages in a market of rising inflation and failing housing supply.

NATIONAL PURPOSE-BUILT STUDENT HOUSING PROPERTIES
* Indicates supply underway as of October 22, 2023

source: RealPage Market Analytics Student Housing (MASH)
RENT INCREASE COMPARISON
Rent/bed only - excludes board fees; assumes 9-month lease terms

source: RealPage Market Analytics Student Housing (MASH)
HISTORICAL SENSITIVITY TO 1% GDP CHANGE
Sectors with lower sensitivity to GDP change typically have minimal response to macroeconomic events

source: Private Market Valuation and Sector Allocation, September 2023
