Student Housing

For most colleges and universities, student housing issues are challenging. MGT can help turn challenges into opportunities by offering our clients extensive experience in the area of student housing planning. Our staff members bring years of experience to each engagement and provide an in-depth understanding of student housing issues facing higher education. We provide market research, facilities review and assessment, and financial analysis.

Student Housing Challenges and Opportunities

  • older inventory that is not configured to the housing preferences of today's students;
  • rental rates and amenities that are not competitive with the off-campus housing market;
  • campus-wide initiatives to increase the percentage of students living on campus;
  • increased interest for on-campus living among students and parents;
  • campus-wide initiatives to develop residential colleges or other academic initiatives with implications for housing facilities;
  • revenue and debt limits that reduce opportunity for new or renovated facilities; or
  • a housing plan that is out-of-date given the realities of enrollment trends and the projected population shifts of the next decade.

Services

  • Market Research - As a key component of student housing planning, the Market Research drives the creation and direction of planning efforts. Data gained illustrate elements critical to planning for student housing.
  • Facilities Review and Analysis - The review of existing facilities data, the outcome of an inspection, and an assessment of utility capabilities help to guide consideration of redevelopment and/or new construction options to meet both institutional goals and the mission of the housing program.
  • Financial Analysis - Consideration of the legal and financial implications and feasibility of the various construction and operating scenarios add meaning to other planning components. This analysis is conducted from the perspective of the institution and not an outside third party.