Student housing starts down sharply in 2022, expected to rebound for 2023 according to a new industry report

2022-06-28T16:56:00-04:00

A new report from the industry group RealPage indicates the extent to which the pandemic and certain societal trends related to higher education have impacted construction starts on private student housing developments nationwide.

The 175-school survey showed overall construction is now in a lag compared to the relative boom which took place throughout the 2010s when many colleges and universities adopted the more expensive luxury accommodation development model in an attempt to attract more undergraduates to campus.

Across the country, college enrollments are declining as smaller regional institutions continue to merge or shutter while prospective freshmen fail to matriculate onto campus altogether. This has coupled with the effects of the pandemic on the construction industry to create a nearly 50% decline in new beds (from 50,000 to 26,000) when compared to the industry...

Stay in a classic dorm at the Bauhaus, tuition-free

2013-10-11T15:47:00-04:00

Since October 2013, staying at one of the 1920s-style Bauhaus dorm rooms is even more of an experience: One room was accurately reconstructed with original objects and furniture. The rest of the rooms will be personalized to reflect a former habitant, beginning with Alfred Arndt, the couple Albers and Franz Ehrlich.

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Student housing starts down sharply in 2022, expected to rebound for 2023 according to a new industry report

Stay in a classic dorm at the Bauhaus, tuition-free