Private Equity Conversations with Fexingo · 2026-08-20 · 10 min
Private equity has moved into student housing, buying up off-campus apartment complexes near major universities. In this episode, Lucas and Luna break down the economics behind the trend: the stable rental income, the consolidation of a fragmented market, and what it means for students who are increasingly paying premium rents for limited housing. They look at how firms like Blackstone have entered the space, the rise of purpose-built student housing, and the debate over whether this is a smart long-term bet or a burden on renters. With anecdotes from campus towns and data on rent growth, they explore the trade-offs of treating dorms like an asset class. The episode also touches on the broader pattern of institutional capital moving into essential services, and what that means for everyday people. If you've ever wondered who owns your apartment building near campus - or why rent keeps climbing - this episode lays out the forces at play, minus the jargon.
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