ORLANDO, FL -- Paul
M. Guyet (top right photo), Student Housing Specialist at Orlando, FL-based
Smith Equities Real Estate Investment Advisors, reports that in what seems to
have been a rather lackluster year of leasing in both markets, two new student
housing complexes came on the market this year, one at the University of
Central Florida (UCF) in Orlando and the other at the University of South
Florida (USF) in Tampa..
There are also several new properties in the pipeline
planned for next year and several years after that.
At UCF, University House
was a resounding success leasing all 995 of its bedrooms. Most of the leasing
was done from a mobile trailer/office while the complex was under construction.
The community has all the bells and whistles, including a Hi‐tech gaming lounge w/
multi‐screen TV wall.
At USF, Sterling North Campus came online with a bit less
fanfare as its final lease‐up tally for its 734 bedrooms was in the mid 90%.
UCF is like that never‐ending “Eveready Battery”. It just
continues to grow and grow and grow and it now has over 60,000 students, an
increase of about 2,000 students, keeping its status as the second largest
university in the country.
However the freshmen class had a slight reduction (down by
200) so
most of UCF’s enrollment growth seems to have come from
transfer students who graduate from the area’s community colleges and
unemployed and underemployed people who go back to school to upgrade their
educations and job prospects.
Many of these transfer/graduate students do not use student housing
to the extent that other four year students do. On‐line classes may also cut
down on the use of student housing since those students can learn from home or
another location.
For a complete copy
of the company’s news release and full statistics, please contact:
Paul M. Guyet
Student Housing Specialist
Senior Investment Advisor/Mortgage Broker
Smith Equities Real Estate Investment Advisors (SEREIA)
350 East Pine Street
Orlando, FL 32801
Tel: (407) 422-0704
X 105
Fax: (407) 422-0705
Cell: (407) 925-7608
Email: PGuyet@SmithEq.com
SEREIA Websites: www.SmithEq.com | www.MyRentComps.com
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