In this episode, host Wesley Deese welcomes special co-host Alex Rippy, VP of Leasing and Systems at GMH Communities, to discuss to discuss how the kick-off of the '25 Pre-leasing season is going for the U.S. student housing industry. They also review October's ShopTalk panel on pre-leasing and what the early data is showing. Topics include market insights on leasing velocity, and rent growth expectations. Rippy shares strategies for optimizing rate achievement in diverse markets, and the impact of fluctuating student enrollment, particularly for commuter-heavy regions. They also discuss the recent FAFSA complications and recent reports around a large decrease in this year's freshman cohort. The episode wraps with a look at the LeaseCon+TurnCon conference and a preview of the ShopTalk Executive Summit.
0:00:00 - Preview
0:00:23 - Ad Spot (TheGuarantors)
0:02:05 - Intro
0:11:37 - Alex's student housing journey
0:25:42 - Rental rates are still on the rise
0:30:26 - October 17th ShopTalk panel on pre-leasing
1:04:59 - Outro
1:05:58 - LeaseCon+TurnCon preview
1:11:38 - ShopTalk Executive Summit preview
This episode is sponsored by TheGuarantors. To find out more about how they can help your property approve more prospect and help eliminate bad debt, visit their website at: https://bit.ly/3WmNsqa
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Make sure you are registered to receive invites for ShopTalk, the monthly webinar covering all things regarding student housing operations. Register at www.ShopTalk.info
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