Top 10 Student Housing Companies Overview
The student housing market is a dynamic and rapidly growing sector within the real estate industry, catering to the unique needs of college and university students. As higher education institutions expand and student enrollment rises globally, the demand for quality student housing has never been greater. Leading companies in this sector are not only providing essential accommodation but are also creating vibrant communities that enhance the overall student experience. In this blog, we will explore the top 10 student housing companies that are redefining campus living. We will examine their impact on the industry, financial performance, and the innovative strategies that set them apart in the competitive landscape of student housing.
1. Harrison Street
Harrison Street is a leading investment management firm focused on alternative real assets, including student housing, senior housing, and healthcare properties. Since its founding in 2005, Harrison Street has become a major player in the student housing sector, with a portfolio that spans across the United States and Europe.
- Headquarters: Chicago, Illinois, USA
- CAGR: 10.2%
- Revenue (Past Year): $500 million
Harrison Street’s success is driven by its strategic approach to investments and its ability to identify high-growth opportunities in the student housing market. The company’s focus on creating sustainable, well-located properties that meet the needs of modern students has helped it build a strong reputation in the industry.
2. The Preiss Company
The Preiss Company is one of the largest, privately-held, student housing owners, developers, and managers in the United States. Founded in 1987, the company has grown significantly, managing over 50,000 beds across the country.
- Headquarters: Raleigh, North Carolina, USA
- CAGR: 8.9%
- Revenue (Past Year): $350 million
The Preiss Company’s growth can be attributed to its commitment to providing high-quality, affordable housing options for students. The company’s ability to adapt to changing market conditions and student preferences has enabled it to maintain its leadership position in the industry.
3. Greystar
Greystar is a global leader in rental housing property management, development, and investment. With a significant presence in the student housing market, Greystar manages over 700,000 units across various real estate sectors, including student housing.
- Headquarters: Charleston, South Carolina, USA
- CAGR: 9.5%
- Revenue (Past Year): $1.8 billion
Greystar’s success in the student housing market is driven by its comprehensive approach to property management and its focus on delivering exceptional living experiences. The company’s emphasis on sustainability, technology integration, and community building has made it a preferred choice for students and investors alike.
4. The Scion Group
The Scion Group is a leading owner, operator, and advisor of student housing communities across the United States. With a portfolio of more than 83,000 beds, Scion is one of the largest privately-held student housing companies in the country.
- Headquarters: Chicago, Illinois, USA
- CAGR: 7.8%
- Revenue (Past Year): $400 million
The Scion Group’s ability to deliver high-quality, purpose-built student housing has been key to its growth and success. The company’s focus on creating communities that enhance the student experience, coupled with its strategic acquisitions, has solidified its position as a leader in the industry.
5. Asset Living
Asset Living is a full-service real estate management firm specializing in student housing, conventional multifamily housing, and affordable housing. Founded in 1986, Asset Living has grown to become one of the largest student housing managers in the United States, overseeing more than 100,000 beds.
- Headquarters: Houston, Texas, USA
- CAGR: 8.2%
- Revenue (Past Year): $600 million
Asset Living’s success is built on its commitment to providing exceptional management services and its ability to adapt to the evolving needs of the student housing market. The company’s focus on building strong relationships with universities and students has helped it achieve sustained growth and industry recognition.
6. The Collier Companies
The Collier Companies is one of the largest privately-owned providers of student housing in the United States, with over 10,000 units under management. Founded in 1972, the company has a strong presence in Florida and is known for its high-quality, well-maintained properties.
- Headquarters: Gainesville, Florida, USA
- CAGR: 6.7%
- Revenue (Past Year): $250 million
The Collier Companies’ success can be attributed to its focus on delivering superior living experiences for students and its commitment to property management excellence. The company’s strategic growth in key university markets has allowed it to maintain a strong foothold in the competitive student housing sector.
7. American Campus Communities
American Campus Communities (ACC) is the largest owner, manager, and developer of high-quality student housing communities in the United States. Founded in 1993, ACC has developed over 170,000 beds across the country, making it a dominant force in the student housing market.
- Headquarters: Austin, Texas, USA
- CAGR: 9.8%
- Revenue (Past Year): $1.2 billion
ACC’s success is driven by its focus on delivering exceptional living environments that foster academic success and personal growth. The company’s innovative approach to design, development, and management has set new standards for the student housing industry.
8. EdR (Education Realty Trust)
EdR, now part of Greystar, was one of the largest developers, owners, and managers of collegiate housing in the United States. With a portfolio of more than 45,000 beds, EdR was known for its high-quality student housing communities located near major universities.
- Headquarters: Memphis, Tennessee, USA
- CAGR: 7.4%
- Revenue (Past Year): $450 million
EdR’s success in the student housing market was driven by its focus on developing communities that support academic success and offer students a high-quality living experience. The company’s acquisition by Greystar has further strengthened its position in the market.
9. CA Ventures
CA Ventures is a global real estate investment management company with a strong presence in the student housing market. The company has developed and managed over 50,000 beds across the United States and internationally, making it a significant player in the industry.
- Headquarters: Chicago, Illinois, USA
- CAGR: 8.4%
- Revenue (Past Year): $500 million
CA Ventures’ success in student housing is driven by its innovative approach to development and its ability to identify and capitalize on emerging trends in the market. The company’s commitment to sustainability and technology integration has helped it build a strong reputation in the industry.
10. Landmark Properties
Landmark Properties is one of the largest developers and operators of student housing in the United States, with a portfolio that includes over 50,000 beds. The company is known for its high-quality, purpose-built student housing communities that offer a range of amenities and services.
- Headquarters: Athens, Georgia, USA
- CAGR: 9.0%
- Revenue (Past Year): $700 million
Landmark Properties’ focus on delivering exceptional living experiences for students has been key to its success. The company’s strategic growth in key university markets and its commitment to innovation have helped it maintain a strong position in the competitive student housing market.
Conclusion
The student housing market is a vital component of the real estate industry, offering essential services to students and contributing significantly to the overall student experience. The top 10 companies highlighted in this blog have demonstrated their ability to lead and innovate in this dynamic sector, each bringing unique strengths and strategies to the table.
From Harrison Street’s strategic investments to Greystar’s comprehensive approach to property management, these companies have set the standard for excellence in student housing. Their commitment to quality, innovation, and sustainability has not only driven their financial success but also enhanced the lives of countless students.
As the demand for student housing continues to grow, these companies are well-positioned to maintain their leadership roles. With continued investment in new developments, technology integration, and community building, they will likely shape the future of student housing for years to come.
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