Reis covers all major university markets, collecting property specific data, such as proximity to campus, unit mix, rental basis (unit or bed), bed-to-bath parity, vacancy rate, pre-leasing status for the coming fall, and details about amenities and leasing incentives. This data is rolled up into comparable group summary statistics as well as submarket and university trends.
For each university, Reis offers a report covering enrollment statistics, on-campus housing capacity and rental rates, along with key performance indicators for the off-campus housing market, thus providing the complete picture of market dynamics between the pool of available student renters and the supply of investment grade student housing.
In addition to university level reports, Reis's Student Housing coverage features integrated property level rent, sales, and construction comps.
As a suite, the university report and the integrated comps reports provide a comprehensive view of the market, and a particular property's competitive position.