How Students Are Making You Spend More Than You Want To

Student housing pros: We've got a disorderly marketplace on our hands. Colliers Co head honcho Nathan Collier says basic student housing could be built much more economically, but the market isn’t biting.

It’s an amenity war, Nathan tells us. Students want flashy (and costly!) options like jumbotron screens by the pool and over-the-top clubhouses, so that’s what he’s building. That's also pushing Collier Cos to develop more, rather than acquiring. It’s more expensive, but students and parents like having a brand-new facility.

Students choose and parents veto, Nathan says, but right now they don’t seem to be vetoing much. Parents want a sense of security and a strong program of academics for their kiddos, especially at first-tier schools like the University of Georgia or the University of Florida, but they also want their kids to enjoy college.

Collier Cos is hot on Florida (the company is based in Gainesville); it's building 656 units at the University of South Florida in Tampa, a project that'll deliver in mid-July. It's also building some grad student housing for young professionals in Gainesville.

Nathan will speaking at Bisnow's annual Student Housing event in Philadelphia this year on June 14. It's the must-attend conference for student housing professionals, so buy your tickets today and join us for a truly special event!

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Data Center Energy Bill Stalls In Congress As Opponents Say It Lacked 'Real Teeth'

FedEx's Consolidation Plan Puts $3B Of CMBS Debt In Crosshairs

FBI Opens Investigation Into Multifamily Investor Lurin Capital

DWS Plans Liquidation Of Nontraded REIT After Heightened Redemption Activity

Bisnow's 2026 DEI Data Series

America's Data Centers Are Running Out Of People Who Know How To Run Them

Why Data Centers Crave Simplicity As Operations Grow More Complex

Blackstone Looks To Secondary Market To Cash Out Investors In $11B Fund

CalSTRS Plans $5B In New CRE Investments

Ares, Canadian Pension Investor Launch $2.4B U.S. Logistics JV

Troubled Multifamily Loans Face A Refinancing Problem: Who Puts In New Equity?

Toys R Us Plans 120 New Stores Ahead Of The Holidays