CAPRE’s Carolinas Student Housing Forum Preview: Colliers International’s John Manning Says Students Want Proximity to Campus

RALEIGH, NC -- The Colliers International NC Multifamily Team focuses exclusively on advising clients with the acquisition, disposition, management and strategic positioning of multifamily properties. They take great pride in tailoring each assignment according to their client’s goals and developing a strategy to maximize the desired result. John Manning is Vice-President of the Colliers Raleigh Office, where he specializes in the disposition and acquisition of multifamily properties, multifamily land, and marquee redevelopment opportunities throughout North Carolina. John will be featured speaker at CAPRE's Carolinas Student Housing Forum, so we connected with him to talk about some of the driving forces in the region, including proximity and blossoming universities. CAPRE: Thanks for chatting with us today, John. Let's talk about the lay of the land regarding student housing in the Carolinas. Manning: We’ve been busy with all assets of multifamily, but we have a large focus on student housing. I think it’d be crazy to not have a focus on student housing in North Carolina if you’re in the multi-family business. CAPRE: What’s the headline trendline right now in student housing? Manning: Proximity. That’s to the university. In the early days of student housing, a lot of the largest developments were built farther away. Students typically lived on campus longer. So as the concept of purpose-built housing came about, they became fully amenitized and more drivable. But today students want everything at their fingertips. They want the amenities, but they also…