Texas universities are promising a normal fall semester this year, and by all accounts, students are ready to return to campus. Some of the biggest colleges in the state are fully pre-leased, and others are well on their way to reaching pre-pandemic occupancy. At a time traditional asset types like office continue to struggle, student housing is drawing the attention of a new wave of investors, who are eager to place their money in low-risk, high-yield assets. “For every asset that we call for offers on, there's a new group showing up on bid day. I feel like every week, I'm fielding calls from either new foreign groups or family offices, or even institutions, who are looking [at] chasing yield,” JLL Director, Capital Markets Teddy Leatherman said. 
The student housing sector had a challenging time in 2020. When regular campus life came to a halt last March, many students left college and headed home or elsewhere, enabled by a swift pivot to online classes. As uncertainty continued throughout the summer and into the fall, most universities opted…  Read the full story here. | 
