2016 Student Housing Income and Expense Benchmarking Survey

2016 Student Housing Income and Expense Benchmarking Survey

  • The NMHC Student Housing Council is pleased to release the seventh annual Student Housing Income and Expense Benchmarking Survey. Since its inception in 2010, the survey has been a vital industry tool, giving student housing lenders, investors, owners and managers financial guideposts against which to measure both projected and actual performance results.

    The 250-page 2016 edition provides detailed descriptive statistics for the 2015 calendar-year income and expense statements of 572 private student housing properties. This represents over 119,000 units and more than 329,000 beds across 42 states. The expansiveness of the data makes the survey an unparalleled resource for the sector.

    In addition to the broader, national data set, the 2016 edition includes select regional results and data for 21 individual states—Alabama, Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Maryland, Michigan, Minnesota, Missouri, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, and Virginia.

    Repeat submissions from many student housing firms allowed for new year-over-year performance analysis in this year’s survey. Same-store information is available for 348 properties, with responses from calendar-year 2014 recalculated to ensure consistent methodology from 2014 to 2015.

    More specifically, the data includes information on these line items:

    Income: Gross Potential Rent; Concessions; Vacancies; Gain/Loss to Lease; and Net Rental Income.

     

    Expenses: Net Rental Income; Total Operating Expenses; Total Compensation; Maintenance and Repairs; Marketing; Utilities (excluding cable); Taxes; Insurance; Management Fees; Turnover; General and Administrative.

     

    Supplemental Items: Late Fee Income; Utility Income; Security Expense; Landscaping; Cable and Internet.

     

    Beyond the geographic breakouts, the data was also evaluated on a number of other property characteristics:

     

    - Type of lease (by-the-bed and by-the-unit)

    - Type of property (garden-style, mid-rise and high-rise)

    - Age of property (2011-present; 2006-2010; 2000-2005; before 2000)

    - Size of property (up to 300 beds; 301-600 beds; 601 or more beds)

     

    Price:

  • Price: $1,000.00 

  • Quantity: