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Why Institutional Capital Keeps Betting on Student Housing While the Bay Area Stays Underbuilt

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view of the San Francisco Bay from Marin
Photo by Cedric Letsch on Unsplash
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Once a fragmented niche, purpose-built student housing has become an institutional asset class drawing billions from Blackstone, KKR and Greystar, and the Bay Area's chronic shortage of beds near Berkeley and other campuses is exactly the supply-starved market those investors covet.

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