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Falling Enrollment, Oversupply Drive Up Student Housing Loan Delinquencies

With More Units on the Way, Experts Are Noticing ‘Serious Softness’
The loan on Aspen Heights, a 500-bed student housing property in Corpus Christi, Texas, was reported delinquent last month. (CoStar)
The loan on Aspen Heights, a 500-bed student housing property in Corpus Christi, Texas, was reported delinquent last month. (CoStar)

U.S. commercial real estate borrowers are getting better at paying back loans – except in the student housing sector, where college campuses are seeing the alarming combination of declining enrollment and heavy new supply.

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