NDI is extremely particular in the off-campus student housing developments that we choose to undertake. Our approach is to create student housing developments which support students’ academic mission. Location (in-fill), design (unit and development) and asset/property management are all critical factors in this regard. The following are the criteria are assessed with every off-campus development opportunity:
Need for Supply?
- Can we create a competitive advantage through:
- Profile of school:
- Student Body Metrics
- Enrollment Trends
- Family Demographics
NDI is also well versed in the on-campus sector, understanding that the hallmarks of any on-campus development are supporting the academic mission and affordability. A private partner, in a public-private arrangement, has to bring value to a given transaction. “Time and money” is well-worn phrase, but in this case it applies to what a private partner can contribute both in terms of cost and development process efficiency.
NDI believes that it is absolutely critical that any on-campus development supports the university’s recruiting and retention goals.
NDI is well versed in tax-exempt strategies to accomplish the university’s financial objectives related to on-campus development. Often, the company’s relationships in the capital markets and network of consultants specializing in the student housing sector provide significant benefit. The best on-campus projects are collaborative efforts leveraging both public and private expertise to produce the optimum residential life product.