Broker-Dealer Use Only The information provided herein is neither an offer to sell nor a solicitation of an offer to buy any security. Only an offering memorandum or prospectus makes such an offer. An offering is made only by means of an applicable offering memorandum or prospectus in order to understand fully all of the risks of the offering of securities to which it relates. A copy of the applicable offering memorandum or prospectus must be made available to you in connection with any offering.
Student Housing
Our Message Student Housing REIts Real estate investments can boost a portfolio, but do you know what to look for in a great investment? Our eBook will cover the characteristics that drive the need for Student Housing.
Broker-Dealer Use Only
Our Message
Real Estate Benefits
Investment Characteristics
Industry Drivers
Customer Demand
Amenities
2
Student Housing
4,600 College Institutions * Service 20 Million Students.
*National Center Of Educational Statistics 2016 Broker-Dealer Use Only
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Student Housing
Benefits of investing In real estate • Anchored By Brick-And-Mortar Underlying Assets • Tends To Appreciate Over Time • Inflation Friendly • Portfolio Diversification
Broker-Dealer Use Only
Our Message
Real Estate Benefits
Investment Characteristics
Industry Drivers
Customer Demand
Amenities
4
Student Housing
Benefits of investing In real estate • Capital Appreciation • Monthly Income • Tax Shelter Through Depreciation • Income + Growth Potential Over Long Term • Low Correlation To The Stock And Bond Markets Broker-Dealer Use Only
Our Message
Real Estate Benefits
Investment Characteristics
Industry Drivers
Customer Demand
Amenities
5
Student Housing
Undergraduate enrollment is expected to increase by 14% (from 17M to 19.3M students) * Between 2015 and 2026.
*National Center Of Educational Statistics Study May 2017 Broker-Dealer Use Only
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Student Housing
Investment Characteristics
Recession Resistant Characteristics Diversification By: Geography, Asset Type, Strategy & Market Highly Fragmented Sector With Consolidation Opportunities Anchored By The Historical Economic Stability Of Major Universities Broker-Dealer Use Only
Our Message
Real Estate Benefits
Investment Characteristics
Demand Drivers
Customer Demand
Amenities
7
Student Housing
Investment Characteristics
Majority Of Leases Guaranteed By Parents Supply Constrained Markets (On-Campus & Off-Campus) Limited Government Funding For New Dorms & Enhancements
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Our Message
Real Estate Benefits
Investment Characteristics
Demand Drivers
Customer Demand
Amenities
8
Student Housing
80% of Students * Live off-Campus.
*J Turner Research On Student Housing Broker-Dealer Use Only
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Student Housing
Industry Characteristics Demand Drivers • Steady Enrollment Increases At Major Universities • Increase In Advanced Degrees • Outdated On-Campus Dormitories • Increased Need For More Than Just A Living Space Broker-Dealer Use Only
Our Message
Real Estate Benefits
Investment Characteristics
Industry Drivers
Customer Demand
Amenities
10
Student Housing
62% OF PARENTS Say THE MOST IMPORTANT APARTMENT Features THEY SEEK FOR THEIR CHILDREN ARE PRIVATE BEDROOMS AND A Quiet PLACE TO STUDY. * *Ink, Student Housing Research Study, Reno, Nevada 2017 Broker-Dealer Use Only
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Student Housing
Ideal Properties Driving Customer Demand • Newer Construction (2010-2017) • Purpose-Built Properties (Rent By The Bed) • Amenities-Rich & Fully Furnished Units • High Speed Internet Connectivity • Convenient Location Within 0.5 miles To College • Vetted Property Management (On-Site Or 3rd Party)
Broker-Dealer Use Only
Our Message
Real Estate Benefits
Investment Characteristics
Industry Drivers
Customer Demand
Amenities
12
Student Housing
THE MOST IMPORTANT AMENITIES, ACCORDING TO STUDENTS Are FAST INTERNET, PRIVATE * BEDROOMS And PRICE.
*Ink, Student Housing Research Study, Reno, Nevada 2017 Broker-Dealer Use Only
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Student Housing
Purpose-Built Student Housing Properties Are Amenities-Rich
Bed / Bath Parity Means Enhanced Privacy
Fully Furnished Units Equipped With All Major Appliances
Majority Of Units Include Kitchen, Laundry, Living Area & Private Bed/Bath
High-Speed Internet Connectivity
24 Hour Fitness Center
Broker-Dealer Use Only
Our Message
Real Estate Benefits
Investment Characteristics
Industry Drivers
Customer Demand
Amenities
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Student Housing
PedestrianTo-Campus
Computer Center
Private Study Rooms
On-Site Management & Maintenance Staff
Pool & Spa
Purpose-Built Student Housing Properties Are Amenities-Rich Broker-Dealer Use Only
Our Message
Real Estate Benefits
Investment Characteristics
Industry Drivers
Customer Demand
Amenities
15
Student Housing
Over the next 15 years 68% of High School Graduates will attend colleges * or universities.
*Bureau Of Labor Statistics 2016 Broker-Dealer Use Only
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Broker-Dealer Use Only Disclosure: This eBook should not be relied upon for investment advice. Any forward-looking statements are based on information currently available to us and are subject to a number of risks, uncertainties and factors. Risks To Consider: • Operating results of student housing properties are subject to an annual leasing cycle, short lease-up period, seasonal cash flows, additional competitive development both on and off campus, changing university admission and housing policies, and other risks inherent in the student housing industry. • There is competition from other student housing properties, including on-campus housing and traditional multi-family housing located in close proximity to the colleges and universities from which student-tenants are drawn which may reduce the demand for student housing. • Reporting of on-campus crime statistics required by universities could negatively impact student housing communities. • The financial performance of student housing properties is dependent upon their residents.