“Whereas properties used to compete with each other over amenities, such as pools, tanning beds, golf simulators … today there is more focus on those that foster academic success,” he commented.
Vesper Holdings came to a similar conclusion after conducting an informal study of students in multiple markets: Students want to use their apartments to study.
“They like to party, but they want to party somewhere else,” noted Elliot Tamir, Vesper’s co-founder & co-CEO.