#1 GSE Student Housing Lender, Walker & Dunlop Releases Annual Housing Report
Walker & Dunlop, Inc., the top student housing lender, releases an annual housing report sharing market trends and analysis. They are the #1 lender for Fannie Mae and Freddie Mac in 2023, providing valuable insights for developers and investors. The student housing industry has evolved into a sophisticated, amenity-rich environment, attracting national and international investors. Despite challenges like interest rates, the company remains optimistic about the sector's future performance.
Walker & Dunlop is the #1 student housing lender for Fannie Mae and Freddie Mac in 2023, showcasing their expertise and industry knowledge.
Student housing rent growth is exceeding that of conventional multifamily assets in key markets, offering potential for higher yields.
Premier off-campus student housing has become a competitive advantage for colleges, enhancing their student recruiting efforts.
The industry faces challenges such as increased interest rates and broader economic issues, impacting market performance.
While the company remains optimistic, there are uncertainties in the market due to these challenges.
Fueled by a rise in university enrollment and changing student preferences, the student housing landscape has evolved into a sophisticated, amenity-rich environment, transcending its origins.
"The student housing industry has undergone a remarkable transformation in recent years. What was once a modest sector characterized by localized operations has now blossomed into a thriving marketplace, attracting national and international investors seeking superior yields," said Will Baker, senior managing director of Student Housing at Walker & Dunlop. "Gone are the days of boring concrete dorm rooms and budget-conscious off-campus apartments. Today, we witness a convergence of demographic shifts and modern student preferences, propelling the industry into new realms of growth and innovation."
Reasons to have eyes on the market changes:
- Student housing rent growth is outperforming conventional multifamily assets in several prominent markets.
- Pre-leasing velocity continues to shift earlier as top markets become more competitive amidst growing university enrollment.
- Premier off-campus student housing has emerged as a competitive advantage for colleges in their new student recruiting programs.
- Advancements in student-athletic contracts have helped put smaller schools on the radar of national developers and investors.
"Despite facing headwinds such as doubled interest rates and broader macroeconomic challenges, W&D remains steadfast in our commitment to clients and students. While we acknowledge the current challenges, we see them as opportunities for resurgence," said Christopher Epp, managing director, Walker & Dunlop Investment Sales. "Our experts forecast continued outperformance relative to other asset classes, thanks to the robust fundamentals that underpin the student housing sector."
With a total financing volume exceeding
For insights on student housing and to explore key trends shaping the market, download Walker & Dunlop’s 2024 Student Housing Outlook report here.
About Walker & Dunlop
Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240513042145/en/
Investors:
Kelsey Duffey
Investor Relations
Phone 301.202.3207
investorrelations@walkeranddunlop.com
Media:
Nina H. von Waldegg
VP, Public Relations
Phone 301.564.3291
info@walkeranddunlop.com
Source: Walker & Dunlop, Inc.
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